BTC Bearish Reversal? Let’s Analyze with the Momentum Trio
“The MVRV indicator reveals whether the market is overvalued or undervalued, while the Active Address indicator reflects investor activity on the BTC network. Applying moving averages to both indicators has revealed a death cross, a pattern that was also observed during the bearish reversal of the 2021 cycle. This has led to growing concerns about whether Bitcoin can stage another rally under these unfavorable conditions.” – Read More
By Yonsei_dent | @cryptoquant_official
“The MVRV indicator reveals whether the market is overvalued or undervalued, while the Active Address indicator reflects investor activity on the BTC network. Applying moving averages to both indicators has revealed a death cross, a pattern that was also observed during the bearish reversal of the 2021 cycle. This has led to growing concerns about whether Bitcoin can stage another rally under these unfavorable conditions.” – Read More
By Yonsei_dent | @cryptoquant_official