Just 12 days ago, the Bitcoin MVRV score bounced off its 365-day simple moving average (SMA365), once again proving it to be a reliable mid-term support level.
Historically, as long as MVRV stays above its SMA365, the uptrend tends to continue. No need for complex models — sometimes trend-following can be that simple:
MVRV > SMA365 → Bull trend intact.
Written by burakkesmeci
