$BTC’s YoY MVRV just flipped positive —and that’s not just another chart.

It’s the same on-chain signal that flashed before the March 2020 and June 2023 rallies.

> In 2020, $BTC surged from $5K to $60K

> In 2023, from $26K to nearly $50K

This flip marks the shift from fear to confidence, the exact moment when sellers dry up, and buyers take over to start the bull market.

History doesn’t repeat, but in crypto, it sure loves to rhyme.

And this rhyme is sounding louder by the day.