It is time once again for us to put on our on-chain analysis hat! Of course on-chain data for #Bitcoin could theoretically be manipulated so I am certainly not suggesting that you take this to the bank. In this video we discuss the market value to realized value Z-Score (MVRV Z-Score) for #Bitcoin to understand the current risk on the market. What do you think of this on-chain analysis for #Bitcoin? Let me know in the comments!
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Data provided by: https://coinmetrics.io/
Disclaimer: The information presented within this video is NOT financial advice.