📊 $BTC MVRV Indicator Analysis and Market Outlook

Current Market Status

MVRV Curve Analysis: Based on the 'Three Lines Combined' mystical indicator, it is expected that during the time periods from late June to early August and from mid-August to the end of September, there is a possibility of simultaneous upward movement in the MVRV curve.

Divergence Status: The currently observed status is 3 < 2 < 1, indicating a divergence phenomenon, suggesting that the market is still under pressure.

Price Forecast

Target Price Range: If the MVRV curve can rise during the aforementioned time periods, it is expected that the BTC price may reach the range of $112,000 to $116,000 (corresponding to the green line and orange line). If it can break through to the purple line, the BTC price may reach $133,000, but this requires overcoming the pressure from significant divergence.

Key Factors

Rebound vs. Reversal: Whether the current market trend can achieve a rebound or reversal will directly affect the performance of the MVRV indicator and the price direction of BTC. Close attention needs to be paid to market dynamics and changes in technical indicators.

Trading Strategy Recommendations

Focus on Time Windows: During the predicted time periods, closely monitor the changes in the MVRV curve to look for entry opportunities.

Risk Management: Due to market uncertainties, it is advisable to set reasonable stop-loss levels to control potential risks.

Summary

The analysis of the MVRV indicator provides important references for BTC's future price trend. Despite the pressure of divergence, if it can break through during key time periods, a new upward opportunity may arise. Stay alert to market dynamics and adjust strategies flexibly! 🚀💼