Bitcoin’s MVRV Ratio hints at ‘cyclical bottom’ forming below $110K

Cointelegraph.com NewsBitcoin’s valuation indicator showed BTC entering an “undervaluation phase” and a potential local bottom, pointing to a near-term price rebound. 

​Bitcoin’s valuation indicator showed BTC entering an “undervaluation phase” and a potential local bottom, pointing to a near-term price rebound.