Bitcoin MVRV AnalysisHello friends,
Thanks to the collaboration between TradingView and IntoTheBlock, you can access this data for free on TradingView with the code "BTC_MVRV."
Today, we will dive deep into MVRV, the primary data I use for trend tracking in Bitcoin.
What is MVRV?
MVRV is calculated by comparing t
Bitcoin MVRV - A Key Indicator to WatchThis indicator measures the ratio of Bitcoin's market capitalization to the average purchasing cost of each address holding the asset.
In short; it provides insight into the profitability of the average investor. A higher ratio suggests that the current market value of the asset significantly exce
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.