CryptoQuant analyst says BTC MVRV ratio breaks above 1.0, and the market enters the “bull market” phase
BlockBeats cited CryptoQuant analyst Axel Adler Jr. as saying that the BTC adjusted MVRV 30DMA/365DMA ratio September 20 broke above 1.0; he believes the market has transitioned from an “early bull market” to a “bull market” phase.