One of my favourite metrics to keep track of the resilience of a #Bitcoin trend is MVRV Momentum. It is a simple tool that looks at a cross-over with the 1y avg of MVRV. Top heavy (risky) markets slice below when large volumes of top buyers fall into a massive unrealised loss.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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