The Bitcoin MVRV ratio is now hovering right at its 365-day Simple Moving Average (SMA365) — one of the most critical thresholds for a mid-term trend shift.
After spending nearly 60 days below its SMA365, if the MVRV ratio can achieve a weekly close above this level, it could mark a mid-term bullish trend reversal.
📊 Current Data:
MVRV ➔ 2.13
SMA365 ➔ 2.14
My on-chain alerts are fully active.
If this important crossover happens, you’ll hear about it from me first.
Written by burakkesmeci
