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You are at:Home ยป Bitcoin Community Anticipates Substantial Price Surge Following Halving Event
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Bitcoin Community Anticipates Substantial Price Surge Following Halving Event

By adminMay. 30, 2024No Comments1 Min Read
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Bitcoin Community Anticipates Substantial Price Surge Following Halving Event
Bitcoin Community Anticipates Substantial Price Surge Following Halving Event
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CryptoQuant, a well-known cryptocurrency analytics firm, has revealed that Tarek On-Chain’s data provides valuable information about the possibility of a market rebound. Long-term investors should pay attention to the market value to realized value ratio, as it has a strong track record of accurately predicting Bitcoin’s highest and lowest price points. When the MVRV ratio is below 2, it suggests that the market is in an accumulation phase and that the price of Bitcoin is still undervalued. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.

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