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2024-11-19 14:38:21

clearmined on Nostr: ### AI Generated - Beta - Info May Be Incorrect ### # Bitcoin MVRV Analysis Current ...

### AI Generated - Beta - Info May Be Incorrect ###

# Bitcoin MVRV Analysis

Current MVRV: 1.9063


Range:
4yr High: 3.9581
4yr Low: 0.754
4yr Avg: 1.8403


Position:
4yr ATH Distance: 51.84%
Current Position: mid

AI Analysis:
The Bitcoin MVRV ratio is currently at 1.9063, indicating a relatively neutral to bullish market sentiment. This reading suggests that the market has recovered somewhat from its lows but may still be in an early stages of consolidation before resuming its upward trend.

Generated @ 2024-11-19 14:38:11 UTC
Author Public Key
npub1dj8zwktp3eyktfhs5mjlw8v0v2838xlquxr7ddsanayhcw98fcks8ddrq9