Analysis: Bitcoin MVRV and 30 day SMA may experience a 'golden cross', indicating a bullish outlook

BlockBeats news, on June 29th, according to analyst @ ali_charts, there may be a golden cross between the Bitcoin MVRV (Market Value to Real Value Ratio) ratio and its 30 day SMA (Simple Moving Average), which could mark the beginning of BTC's next round of upward movement. BlockBeats note: MVRV is an indicator used to compare the current market value of an asset with its realized value, providing insights into whether the asset is overvalued or undervalued.