MVRV Z-Score has a mid-cycle pause each cycle when the z-score is between 2-3. Price retraces before eventually continuing up. Will we pause here again this cycle?
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@PositiveCrypto I think we're a little later in the equivalent 2016/17 cycle 2020/21 cycle was screwy because of ponzi pop and COVID
@PositiveCrypto It's hard to compare these periods especially since then there was the C19 virus
@PositiveCrypto We've paused already Question is, when do the #Bitcoin fireworks come back?
@PositiveCrypto Does sideways chop help with getting the score back down or the score more is correlated with btc move?
@PositiveCrypto hopefully one more opportunity to buy whole coins at affordable prices
@PositiveCrypto Indeed, historical patterns in the MVRV Z-Score suggest a mid-cycle pause is plausible. Yet, every cycle has unique drivers.