Recent on-chain data analysis suggests that a Bitcoin metric has reached levels historically associated with corrections in the cryptocurrencys price. According to Maartunn, the Netherlands community manager for CryptoQuant, the BTC price is currently 40% above the cost basis of short-term holders. Understanding the MVRV Ratio The realized cap is a capitalization model that assumes the actual value of any circulating coin isnt equal to the current spot price but rather the price at its last transaction on the blockchain. In this context, attention is drawn to a specific segment of...
source: https://tokenpost.com/Bitcoin-Correction-Expected-Before-New-All-time-High-11382
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