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✏️ The real rally is still ahead
The MVRV indicator for Bitcoin shows that the true rally of this cycle hasn't happened yet
It’s important to note that in every previous cycle, this indicator accurately signaled the end of a bull trend
This year the reaccumulation period has simply stretched due to numerous market factors. Following this logic, it once again confirms that the main upward move of this cycle is still ahead. Before that however, we must first dip a bit lower to gather the missing liquidity, which plays a key role in continuing the global uptrend. So just patience