Is Bitcoin’s Bull Market Redefining Itself as Staircase-Style? MVRV Data Suggests Yes
Bitcoin’s Market Value to Realized Value (MVRV) ratio has once again slipped below its 365-day simple moving average (SMA365), which has raised questions about whether the current cycle is deviating from historical norms. A new report now suggests that the market is evolving into a “staircase-like” bull cycle defined by gradual corrections. Has Bitcoin Outgrown … Read more