Because of the surge in realized cap, MVRV Z-Score has pulled back.
MVRV, a ratio between the market cap vs realized cap metrics, has pulled back from 7.63 in February to 4.27 today, a promising sign for a continuing bull market into 2021.
BitcoinMagazine - 5/9/2021 4:55:03 PM - GMT (+0 )
BitcoinMagazine - 5/9/2021 4:55:03 PM - GMT (+0 )
Because of the surge in realized cap, MVRV Z-Score has pulled back.
MVRV, a ratio between the market cap vs realized cap metrics, has pulled back from 7.63 in February to 4.27 today, a promising sign for a continuing bull market into 2021.
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