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: 1.8389
Position:
4yr ATH Distance: 51.84%
Current Position: mid
AI Analysis:
The MVRV (Monthly Velocity Ratio with Volume) metric suggests a moderate level of buying activity, as the current ratio is above the 4-year average but not at its extreme highs. The significant drop in the ATH Distance from 3.9581 to 51.84% indicates a substantial correction from its all-time high, indicating a potential pause or reversal in the bearish trend.
Generated @ 2024-11-22 04:37:29 UTC
Published at
2024-11-22 04:37:40Event JSON
{
"id": "481071963ad158a003b8207b363e1275d48c6813d917fc6ed847571ce005c6af",
"pubkey": "6c8e2759618e4965a6f0a6e5f71d8f628f139be0e187e6b61d9f497c38a74e2d",
"created_at": 1732250260,
"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: 1.8389\n\n\nPosition:\n4yr ATH Distance: 51.84%\nCurrent Position: mid\n\nAI Analysis:\nThe MVRV (Monthly Velocity Ratio with Volume) metric suggests a moderate level of buying activity, as the current ratio is above the 4-year average but not at its extreme highs. The significant drop in the ATH Distance from 3.9581 to 51.84% indicates a substantial correction from its all-time high, indicating a potential pause or reversal in the bearish trend.\n\nGenerated @ 2024-11-22 04:37:29 UTC",
"sig": "577a87a005897b230865508eb1002f1db7b50b95af9c58bbca529e17278212a28c7480b0a9c02147c1d48f459b11d9df9b41c35b7898abff28a97c9b4ac09a76"
}
