Bitcoin in the Early Stages of a Bull Market, Says Crypto Analytics Firm IntoTheBlock – But There's a Catch

Crypto analytics firm IntoTheBlock says that one key metric indicates Bitcoin (BTC) has entered the initial stages of a bull market cycle. In a new blog post, the firm says that Bitcoin's market-value-to-realized-value (MVRV) ratio is behaving similarly to previous bear-to-bull market transitions. Sentiment Result : Po

Crypto analytics firm IntoTheBlock says that one key metric indicates Bitcoin (BTC) has entered the initial stages of a bull market cycle. In a new blog post, the firm says that Bitcoin's market-value-to-realized-value (MVRV) ratio is behaving similarly to previous bear-to-bull market transitions.