#Bitcoin Market Watch 🧐

Although Bitcoin may face a short-term correction, its MVRV indicator shows strong long-term potential! 📈 The current MVRV-Z score is 2.84, below the historical undervaluation threshold of 3.7, which may indicate a potential recovery in the coming weeks.

The fundamentals are also impressive: the circulating supply of BTC has dropped to a multi-year low, and investors are increasingly leaning towards self-custody wallets, while the market capitalization of stablecoins has also seen significant growth.

Do you think Bitcoin can continue to rise in the future? Feel free to share your thoughts in the comments!