Analyst: The adjusted MVRV indicator shows that Bitcoin has entered a bull market phase

2026-09-26 15:17:46

CryptoQuant analyst Axel Adler Jr. stated that the 30-day moving average of the adjusted MVRV crossed above its 365-day moving average on August 20, indicating that Bitcoin entered an early bull market phase, with a price at that time of $71,255. This phase lasted for 31 days, during which Bitcoin rose by 13%.

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BTC Bull Market MVRV

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