Don't panic, the current "three-line unification" is in full swingđ
The black line in the figure is the BTC: MVRV indicator âš20 years-to-nowâ© segment; the blue line is the BTC: MVRV indicator âš16-21 yearsâ© segment; the red line is the BTC: MVRV indicator âš12-17 yearsâ© segment. The three lines align the BTC mining output of each cycle by half a day.
Note: MVRV (Market Value to Realized Value) refers to the ratio of the BTC market price to the overall average purchase price of BTC on the chain.
