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Bitcoin’s MVRV Z-score printed record lows on a rolling two-year basis, making BTC price more “undervalued” than at the pit of past bear markets.
Bitcoin (BTC) may be “close to the end” of its correction as a classic BTC price metric beats records.
Key points:
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Bitcoin’s MVRV Z-score is at record lows on two-year rolling time frames.
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The “wild” data is leading to predictions of an imminent BTC price recovery.
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Analysis says that the precious metals rally is “done for now.”
