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Analysis: Bitcoin MVRV and 30-day SMA may cross, indicating bullish outlook

Summary: According to analyst @ali_charts, the Bitcoin MVRV (Market Value to Realized Value Ratio) ratio may be on the verge of a golden cross with its 30-day SMA (Simple Moving Average), signaling the potential start of the next BTC uptrend. Note: MVRV is an indicator used to compare an asset's current market value to its realized ...

According to analyst @ali_charts, the Bitcoin MVRV (Market Value to Realized Value Ratio) ratio may be on the verge of a golden cross with its 30-day SMA (Simple Moving Average), signaling the potential start of the next BTC uptrend. Note: MVRV is an indicator used to compare an asset's current market value to its realized value, providing insights into whether the asset is overvalued or undervalued.

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