Entering The Greed Zone: on-chain MVRV indicator show’s Bitcoin bull run has just started
2/6 To estimate the market's mood, @MustStopMurad & David Puel created the MVRV metric. MVRV compares the current BTC market cap to its price basis.
The price basis of a coin is estimated as the market price it had when it was last moved to a new wallet or address. Makes sense. pic.twitter.com/za2vpvVxBj
— Efficient Frontier (@efrontier_io) November 29, 2020