Matrixport: Bitcoin market value to realized value ratio returns to bullish range

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MarsBit
05-19
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Mars Finance News: According to Matrixport's analysis, the Bitcoin Market Cap to Realized Cap Ratio indicator has recently turned bullish again, with this rare signal suggesting that Bitcoin may be regaining upward momentum. As observed by independent analyst Markus Thielen, such indicators rarely reverse direction within just a few weeks, but it is not without precedent—a similar situation occurred in 2020, which was identified as a mid-cycle slowdown. If the indicator can maintain its positive momentum, Bitcoin has the potential to set a new all-time high.

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