Analysts: Bitcoin indicators have all entered the adjustment range, and it may take more time to clarify the bottom
According to online reports, Julio Moreno, director of research at CryptoQuant, posted on social media that it cannot be said that the price of Bitcoin has reached a bottom. All valuation indicators have entered the adjustment range, and this process may take more time. For example, MVRV is below its 365-day moving average (each break takes time to adjust). Note: MVRV is a relative indicator and is the ratio of Market Cap (MV) to Realized Cap (RV).
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