BTC price shows $60K 'potential' as MVRV metric copies Bitcoin bull cycles

Bitcoin may see rapid 50% gains if MVRV behavior repeats the 2016 and 2020 runs to BTC price all-time highs.

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Bitcoin (BTC) is primed for a “surge” as it channels classic bull market signals from the past, the latest research says.

In a post on X (formerly Twitter) on Jan. 30, popular social media commentator Ali eyed history repeating itself on a classic BTC price indicator.

Bitcoin may be struggling on lower timeframes in the wake of the spot exchange-traded fund (ETF) releases, but zooming out, the picture remains optimistic.

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