Current BTC: MVRV Indicator, perhaps a peak in March 25? 😏
The black line in the chart represents the BTC: MVRV indicator for the period ⟨24 years - present⟩; the blue line represents the BTC: MVRV indicator for the period ⟨20-23 years⟩; the red line represents the BTC: MVRV indicator for the period ⟨16-19 years⟩. All three lines start from the Bitcoin halving date of their respective cycles.
Note: MVRV (Market Value to Realized Value) refers to the ratio of Bitcoin's market value to its purchase cost.