Despite #Bitcoin 's impressive rally last year, MVRV levels

Bullish

Despite #Bitcoin 's impressive rally last year, MVRV levels above 3.2 - the typical threshold for extreme euphoria - haven’t been reached this cycle. If #BTC  were to reach this level, it would correspond to a price of ~$132K - #glassnode $BTC 

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103,600.85

-0.39%

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