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Bitcoin Is In A Classic BULL MARKET with Checkmate

The Bitcoin Layer

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Unraveling MVRV and Market Sentiment Dynamics

Exploring the impact of MVRV on market sentiment, this chapter discusses the interplay between unrealized profits, buyer exhaustion, and bearish signals. It examines Bitcoin's price behavior at different MVRV levels, shedding light on market cycles and the transition from optimism to pessimism.

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