4 days ago
Bitcoin Price Outlook: $80K BTC Support Faces Test as MVRV Falls
TLDR: Bitcoin trades at $81,546.13, down 1.79% over seven days, according to the latest CoinGecko data. Darkfost says Bitcoin’s MVRV percentile has fallen to 25.7%, returning below the 30th percentile. Bitcoin has historically spent around 25% of its time in this relatively low MVRV valuation range. Analyst Maison Cypher identifies $80,000 support and the 200-day [...]
The post Bitcoin Price Outlook: $80K BTC Support Faces Test as MVRV Falls appeared first on Blockonomi.
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