Don't panic. The current lowest index on the BTC chain has only fallen back to the level equivalent to August 2, 2016. The red and black lines are still stable in the big cycle.

For so many years, Mentougou has always been a knife hanging over your head. Just imagine that after this wash, the exchange paying FUD and the government selling FUD will no longer cause any big waves. The car is lighter, the bull is stronger, and the big explosion__you can't imagine it

The black line in the figure is the [22 years-to-now] segment of the BTC: MVRV indicator, and the red line is the [14-16 years] segment of the BTC: MVRV indicator. The two lines are aligned on the day when their respective BTC mining k output is halved.

Note: MVRV refers to the ratio of the BTC market price to the overall average purchase price of BTC on the chain. The MVRV in the figure is a personal modification, that is, the BTC on the chain that has not been moved for more than 7 years is regarded as long-term dormancy or loss and is excluded from the calculation.

The current market is volatile. Whether you are keen on contracts or spot trading, you can find me by checking the top. After the sharp drop in the market, I am also optimistic about several potential coins and ready to lay out.

You may as well join me to capture the next wave of opportunities in the market.

#美国6月非农数据高于预期 #德国政府转移比特币 #BTC走势分析