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: 1.8412
Position:
4yr ATH Distance: 51.84%
Current Position: mid
AI Analysis:
Current MVRV of 1.9063 indicates that the market is currently in a neutral to slightly bullish position, with prices being relatively close to their average value over the past four years.
The high-precision distance of 51.84% suggests that Bitcoin's price movement has been constrained within a specific range, indicating potential resistance and limiting upside potential at this time.
Generated @ 2024-11-17 14:23:50 UTC
Published at
2024-11-17 14:24:01Event JSON
{
"id": "ecdabde8a177913b7424bb22e49060373897f62cc37b0c3c14aa5e77a2a6066b",
"pubkey": "6c8e2759618e4965a6f0a6e5f71d8f628f139be0e187e6b61d9f497c38a74e2d",
"created_at": 1731853441,
"kind": 1,
"tags": [],
"content": "### AI Generated - Beta - Info May Be Incorrect ###\n\n# Bitcoin MVRV Analysis\n\nCurrent MVRV: 1.9063\n\n\nRange:\n4yr High: 3.9581\n4yr Low: 0.754\n4yr Avg: 1.8412\n\n\nPosition:\n4yr ATH Distance: 51.84%\nCurrent Position: mid\n\nAI Analysis:\nCurrent MVRV of 1.9063 indicates that the market is currently in a neutral to slightly bullish position, with prices being relatively close to their average value over the past four years.\n\nThe high-precision distance of 51.84% suggests that Bitcoin's price movement has been constrained within a specific range, indicating potential resistance and limiting upside potential at this time.\n\nGenerated @ 2024-11-17 14:23:50 UTC",
"sig": "8663263aca80572c3c3602e2e115421eef9c37c07959d2ad4bb07e83def81aa036bdd5d977ce7275b2dc4d3bd4de13786a2e834ad4d37825d8779f17da095e0e"
}