X @Santiment

RT Santiment (@santimentfeed)📊 According to MVRV data, which indicates who overvalued or undervalued an asset is compared to its normal 'zero sum game', Bitcoin's long-term returns on the blockchain are about level with what we saw in the final week of 2022.📈 When the 365-day MVRV was severely negative following the FTX collapse, $BTC proceeded to rise +67% in the following 3 months. This is typical when average returns are significantly below the average value for what is historically expected.🤔 Obviously, ...