Two Bitcoin Metrics Flashing Bullish Signals for BTC, According to Bitfinex Analysts

Analysts with the crypto exchange Bitfinex say two key metrics are suddenly flashing bullish for Bitcoin (BTC). In a new blog post, Bitfinex analysts say that Bitcoin’s Market Value to Realized Value (MVRV) ratio shows the price of the top-performing crypto asset is likely going up. MVRV is the ratio of Bitcoin’s market capitalization relative […] source: https://dailyhodl.com/2024/05/02/two-bitcoin-metrics-flashing-bullish-signals-for-btc-according-to-bitfinex-analysts/