{"id":138547,"date":"2024-10-04T12:30:15","date_gmt":"2024-10-04T09:30:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138547"},"modified":"2024-10-04T12:02:19","modified_gmt":"2024-10-04T09:02:19","slug":"is-the-bitcoin-top-in-yet-this-metric-gives-some-insight","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/is-the-bitcoin-top-in-yet-this-metric-gives-some-insight\/","title":{"rendered":"Is the Bitcoin Top in Yet? This Metric Gives Some Insight"},"content":{"rendered":"

The MVRV Ratio is widely used by traders and analysts to gauge the overall sentiment of the Bitcoin<\/a><\/strong> market, specifically how overbought or oversold the asset may be.<\/p>\n

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\ud83d\udcca Historical MVRV Insights:<\/p>\n

2017 Peak: 4.35
\n2021 Peak: 3.7<\/p>\n

During the current cycle, MVRV peaked at 2.64, which seems relatively low to signal a market top. \ud83e\udd14<\/p>\n

\ud83d\udd0d What MVRV level are you keeping an eye on? pic.twitter.com\/Vq2iViWEtp<\/a><\/p>\n

\u2014 IntoTheBlock (@intotheblock) October 3, 2024<\/a><\/p><\/blockquote>\n