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Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest

While the bitcoin market valuations may not be cheap, they do not appear overstretched either.

Updated May 11, 2023, 4:38 p.m. Published Oct 22, 2021, 8:04 a.m.
Bitcoin's MVRV Z-score (Glassnode)
Bitcoin's MVRV Z-score (Glassnode)