{"id":134868,"date":"2024-08-05T08:00:00","date_gmt":"2024-08-05T05:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134868"},"modified":"2024-08-05T00:29:24","modified_gmt":"2024-08-04T21:29:24","slug":"bitcoin-faces-risk-of-further-price-crash-what-to-expect","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-faces-risk-of-further-price-crash-what-to-expect\/","title":{"rendered":"Bitcoin Faces Risk of Further Price Crash – What to Expect"},"content":{"rendered":"

This price drop suggests a potential buying opportunity, yet trader activity indicates reluctance to invest during this dip.<\/p>\n

An important indicator, Bitcoin\u2019s<\/a> <\/strong>market value to realized value (MVRV) ratio, suggests the cryptocurrency might be undervalued. Santiment reports negative MVRV ratios for 30-day and 90-day periods, both below zero, signaling that Bitcoin\u2019s market price is lower than the average purchase price of its tokens.<\/p>\n

\"btc<\/p>\n

Typically, a negative MVRV ratio points to a good buying opportunity, but traders are currently cautious, fearing further declines.<\/p>\n