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LIVECryptoChan
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If we are optimistic, we have now entered the countdown to the 24-year BTC bull top😏
The black line in the figure is the BTC price; the orange line on-chain indicator is BTC: MVRV. In addition, two infinite disjoint function curves e^-x and ln(x) are used to fit the historical top and bottom of BTC.
Note: MVRV (Market Value to Realized Value) refers to the total market value/total purchase cost of all BTC on the chain, that is, the overall "market price/cost price" of chips on the chain.
The black line in the figure is the BTC price; the orange line on-chain indicator is BTC: MVRV. In addition, two infinite disjoint function curves e^-x and ln(x) are used to fit the historical top and bottom of BTC.
Note: MVRV (Market Value to Realized Value) refers to the total market value/total purchase cost of all BTC on the chain, that is, the overall "market price/cost price" of chips on the chain.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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