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Analysis: Bitcoin MVRV may form a "golden cross pattern" with the 30-day SMA, indicating a bullish outlook.
BlockBeats news, on June 29, according to analyst @alicharts, the Bitcoin MVRV (Market Value to Realized Value ratio) may experience a golden cross with its 30-day SMA (Simple Moving Average), which could signal the start of the next pump for BTC. BlockBeats note: MVRV is an indicator used to compare the current market value of an asset with its realized value, providing insights into whether the asset is overvalued or undervalued.