Bitcoin Eyes Bullish Breakout as MVRV Ratio Nears Golden Cross

  • Bitcoin, the worlds leading cryptocurrency by market cap, may be on the verge of a significant breakout as a key technical indicator flashes bullish. According to crypto analyst Ali, Bitcoins Market Value to Realized Value (MVRV) Ratio is approaching a golden cross with its 30-day simple moving average (SMA)a pattern that often signals the beginning of upward momentum.