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Data from the Last 30 Days in Bitcoin Indicates Price Recovery: A Surge May Begin! - Coin Bulletin
The 30-day MVRV average of Bitcoin has declined to its lowest level in the last 6 months, and according to analysts, this situation could be a sign of a potential recovery movement in the price.
Despite the calm trend of Bitcoin (BTC) prices in recent times, the fact that the MVRV indicator's 30-day moving average of (Market Value to Realized Value) has fallen to the lowest level in the last 6 months indicates a potential for recovery in the markets.
While the market is often fear-driven, the cyclical movement of the MVRV indicator suggests that there is an opportunity for a short-term recovery in the price of Bitcoin. Contrary to the rapid rises in the past cycles, a more cautious and patient approach prevails in this period. However, some analysts emphasize that in Bitcoin's current market, the rapid rises seen in previous years have been replaced by a more stable increase.
Slow increasing institutional participation in the market
During this period, the leadership of the market has shifted from retail investors to institutional investors. With the approval of Bitcoin ETFs, institutional capital is taking a larger role, and this is causing the market to gradually increase. The sudden large spikes seen in the past have been replaced by a more controlled price movement.
The changes in the market require investors to be patient. With regular ETF inflows and improvement in macroeconomic conditions, significant movements may be observed in the market in 2025.