Bitcoin (BTC USD) MVRV ratio hits crucial 2.2 level converging toward 365-day moving average. Historical patterns suggest Bitcoin price increases follow similar convergence periods consistently. Unrealized profits reached $1.4 trillion new high creating potential distribution pressure. Long-term holders reduce positions while ancient miner wallets activate after 15 years dormancy. Bitcoin (BTC USD) MVRV Ratio Approaches […]The post Bitcoin MVRV Ratio Hits Crucial Level, What This Means For Price? appeared first on The Coin Republic.