When Will the Crypto Bull Cycle Return? 🤔
Looking at the MVRV ratio, the market hasn't managed to break out of its broader downtrend just yet. A confirmed macro shift into a full bull cycle is going to take some patience. Right now, the MVRV indicates BTC is still grinding sideways relative to the market's average cost basis.
Staying patient and watching the data. What's your timeline for the true breakout? 👇