{"id":637047,"date":"2024-08-22T10:00:03","date_gmt":"2024-08-22T10:00:03","guid":{"rendered":"https:\/\/ktsl888.com\/?p=637047"},"modified":"2024-08-21T18:21:07","modified_gmt":"2024-08-21T18:21:07","slug":"bitcoin-mvrv-ratio-nears-critical-death-cross","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/","title":{"rendered":"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?"},"content":{"rendered":"

A recent analysis<\/a> from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator in on-chain analysis, represents the ratio between Bitcoin\u2019s realized and market values. It serves as a tool to assess whether the market is overvalued or undervalued.<\/p>\n

By applying 30-day and 365-day moving averages (DMA) to this ratio, the analyst has observed a shift in market momentum, potentially signaling a major market move ahead<\/a>.<\/p>\n

Related Reading: Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC\u2019s Next Move<\/a><\/div>\n

A Bearish Shift On The Horizon?<\/h2>\n

In the latest assessment, the analyst under the name ‘Yonsei Dent’ highlights that Bitcoin\u2019s 30-day moving average has\u00a0sharply declined<\/a><\/span>\u00a0since reaching an all-time high in March 2024.<\/p>\n

This decline has brought the 30 DMA dangerously close to crossing the 365 DMA; a situation often referred to as a “death cross” in technical analysis.<\/p>\n

For context, a death cross is where a shorter-term moving average crosses below a longer-term moving average. In Bitcoin\u2019s MVRV ratio, a death cross would occur if the 30-day moving average (DMA) falls below the 365-day moving average (DMA).<\/p>\n

Historically, such events have often preceded bearish market phases, making this a critical juncture for Bitcoin. Dent particularly noted:<\/p>\n

In the previous cycle, after the MVRV momentum experienced a death cross, the market entered a full-blown bearish phase. Therefore, it is crucial to monitor whether the 30 DMA continues to decline. If the 30 DMA finds support at the 365 DMA and starts to rise again, it could signal a potential increase in BTC\u2019s price.<\/p><\/blockquote>\n

Furthermore, Dent highlighted that the current Bitcoin MVRV ratio now ranges between 1.8 and 1.9, suggesting that the market value is nearly double the realized value, indicating that while the market is not yet under significant stress, caution is warranted.<\/p>\n

Related Reading: Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator<\/a><\/div>\n

Bitcoin Technical Outlook<\/h2>\n

While Dent’s analysis of the Bitcoin MVRV ratio signals a critical juncture<\/a> for Bitcoin, another renowned analyst, Javon Marks has recently set an ambitious target for Bitcoin based on its recent price action.<\/p>\n

\"Bitcoin
BTC price is moving sideways on the 2-hour chart. Source: BTC\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

According to Marks, BTC still comes from a major Hidden Bull Divergence pattern. However, key levels remain at $67,559, which can be a precursor to a significant rally from BTC. Marks noted<\/a>:<\/p>\n

With a break + hold that target, $116,652 comes into play, and prices could set for an additional +72% climb to reach it, at an even greater speed than many think. All of Bitcoin’s recent chop after meeting $67,559 the first time may have only been preparation for this next phase into the $100,000s.<\/p><\/blockquote>\n

Meanwhile, Bitcoin still trades below $60,000 with a current trading price of $59,864<\/a>, at the time of writing. According to crypto analyst Elja, the asset’s price keeps rejecting from the 4hr 200 EMA level. Should Bitcoin eventually surpass this level, we could see a surge to $64,000.<\/p>\n

\n

$BTC<\/a> keeps getting rejected from the 4hr 200 EMA level<\/p>\n

Flip and turn it into support and #Bitcoin<\/a> will pump towards $64K-$65K<\/p>\n

Otherwise, the consolidation will continue to happen! pic.twitter.com\/YIoGrVinCG<\/a><\/p>\n

\u2014 Elja (@Eljaboom) August 21, 2024<\/a><\/p><\/blockquote>\n

Featured image created witH DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator in on-chain analysis, represents the ratio between Bitcoin\u2019s realized and market values. It serves as a tool to assess whether the market is overvalued or undervalued. By applying 30-day and 365-day moving averages (DMA) to this ratio, the analyst has observed a shift in market momentum, potentially signaling a major market move ahead. Related Reading: Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC\u2019s Next Move A Bearish Shift On The Horizon? In the latest assessment, the analyst under the name ‘Yonsei Dent’ highlights that Bitcoin\u2019s 30-day moving average has\u00a0sharply declined\u00a0since reaching an all-time high in March 2024. This decline has brought the 30 DMA dangerously close to crossing the 365 DMA; a situation often referred to as a “death cross” in technical analysis. For context, a death cross is where a shorter-term moving average crosses below a longer-term moving average. In Bitcoin\u2019s MVRV ratio, a death cross would occur if the 30-day moving average (DMA) falls below the 365-day moving average (DMA). Historically, such events have often preceded bearish market phases, making this a critical juncture for Bitcoin. Dent particularly noted: In the previous cycle, after the MVRV momentum experienced a death cross, the market entered a full-blown bearish phase. Therefore, it is crucial to monitor whether the 30 DMA continues to decline. If the 30 DMA finds support at the 365 DMA and starts to rise again, it could signal a potential increase in BTC\u2019s price. Furthermore, Dent highlighted that the current Bitcoin MVRV ratio now ranges between 1.8 and 1.9, suggesting that the market value is nearly double the realized value, indicating that while the market is not yet under significant stress, caution is warranted. Related Reading: Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator Bitcoin Technical Outlook While Dent’s analysis of the Bitcoin MVRV ratio signals a critical juncture for Bitcoin, another renowned analyst, Javon Marks has recently set an ambitious target for Bitcoin based on its recent price action. According to Marks, BTC still comes from a major Hidden Bull Divergence pattern. However, key levels remain at $67,559, which can be a precursor to a significant rally from BTC. Marks noted: With a break + hold that target, $116,652 comes into play, and prices could set for an additional +72% climb to reach it, at an even greater speed than many think. All of Bitcoin’s recent chop after meeting $67,559 the first time may have only been preparation for this next phase into the $100,000s. Meanwhile, Bitcoin still trades below $60,000 with a current trading price of $59,864, at the time of writing. According to crypto analyst Elja, the asset’s price keeps rejecting from the 4hr 200 EMA level. Should Bitcoin eventually surpass this level, we could see a surge to $64,000. $BTC keeps getting rejected from the 4hr 200 EMA level Flip and turn it into support and #Bitcoin will pump towards $64K-$65K Otherwise, the consolidation will continue to happen! pic.twitter.com\/YIoGrVinCG \u2014 Elja (@Eljaboom) August 21, 2024 Featured image created witH DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":637056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88240],"tags":[428,441,629,1119,78790,6664,10923],"class_list":["post-637047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-analysis","tag-bitcoin-market","tag-btc","tag-btcusdt","tag-crypto","tag-crypto-market"],"acf":[],"yoast_head":"\nBitcoin MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?<\/title>\n<meta name=\"description\" content=\"A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?\" \/>\n<meta property=\"og:description\" content=\"A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-22T10:00:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-21T18:21:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?\",\"datePublished\":\"2024-08-22T10:00:03+00:00\",\"dateModified\":\"2024-08-21T18:21:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/\"},\"wordCount\":554,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024\",\"keywords\":[\"bitcoin\",\"bitcoin analysis\",\"bitcoin market\",\"btc\",\"BTCUSDT\",\"crypto\",\"crypto market\"],\"articleSection\":[\"Bitcoin News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/\",\"url\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/\",\"name\":\"Bitcoin MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024\",\"datePublished\":\"2024-08-22T10:00:03+00:00\",\"dateModified\":\"2024-08-21T18:21:07+00:00\",\"description\":\"A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator...\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024\",\"width\":1024,\"height\":1024,\"caption\":\"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?","description":"A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?","og_description":"A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator...","og_url":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-08-22T10:00:03+00:00","article_modified_time":"2024-08-21T18:21:07+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?","datePublished":"2024-08-22T10:00:03+00:00","dateModified":"2024-08-21T18:21:07+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/"},"wordCount":554,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024","keywords":["bitcoin","bitcoin analysis","bitcoin market","btc","BTCUSDT","crypto","crypto market"],"articleSection":["Bitcoin News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/","url":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/","name":"Bitcoin MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024","datePublished":"2024-08-22T10:00:03+00:00","dateModified":"2024-08-21T18:21:07+00:00","description":"A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator...","breadcrumb":{"@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024","width":1024,"height":1024,"caption":"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin\u2019s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?","url":"http:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/bitcoin-news\/bitcoin-mvrv-ratio-nears-critical-death-cross\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024"},"articleSection":"Bitcoin News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin analysis","bitcoin market","btc","btcusdt","crypto","crypto market"],"dateCreated":"2024-08-22T10:00:03Z","datePublished":"2024-08-22T10:00:03Z","dateModified":"2024-08-22T10:00:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin\\u2019s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/bitcoin-news\\\/bitcoin-mvrv-ratio-nears-critical-death-cross\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/bitcoin-news\\\/bitcoin-mvrv-ratio-nears-critical-death-cross\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/DALL\\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/DALL\\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024\"},\"articleSection\":\"Bitcoin News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin analysis\",\"bitcoin market\",\"btc\",\"btcusdt\",\"crypto\",\"crypto market\"],\"dateCreated\":\"2024-08-22T10:00:03Z\",\"datePublished\":\"2024-08-22T10:00:03Z\",\"dateModified\":\"2024-08-22T10:00:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-21-18.13.19-A-digital-illustration-depicting-Bitcoins-MVRV-ratio-nearing-a-critical-death-cross-signaling-a-potential-bearish-shift.-The-image-features-the-Bitc.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/637047"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=637047"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/637047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/637056"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=637047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=637047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=637047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}