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$BTC MVRV at this point in past presidental election years, each marked with the red Xβs:
9 Nov 2012 = ~1.8
9 Nov 2016 = ~1.9
9 Nov 2020 = ~2.2
9 Nov 2024 = ~2.2
Basically, MVRV was always around ~2 at this time in past election years β not too high, plenty of room for upside.
Real big thing here though is,
= Massive boom in $BTC price always happened soon after this point in the past
Essentially all signs pointing to big boom
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9 Nov 2012 = ~1.8
9 Nov 2016 = ~1.9
9 Nov 2020 = ~2.2
9 Nov 2024 = ~2.2
Basically, MVRV was always around ~2 at this time in past election years β not too high, plenty of room for upside.
Real big thing here though is,
= Massive boom in $BTC price always happened soon after this point in the past
Essentially all signs pointing to big boom
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
β‘5π₯5π4
Short-term looking a bit uncomfortable, as we head into this long weekend
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π³πΎπΎπΌπΏπΎπ π πΈπ½πΆ
π₯3π2