From a trader’s perspective, a 150% jump in the MVRV ratio means that it could be time to short Bitcoin. But historical data as far back as 2014 showed that a 150% spike in the metric is not enough to stop the current rally. Can Bitcoin hit 2x its current price?
From a trader’s perspective, a 150% jump in the MVRV ratio means that it could be time to short Bitcoin. But historical data as far back as 2014 showed that a 150% spike in the metric is not enough to stop the current rally. 
3 years ago
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