Bitcoin’s Doing *What* Now?! 🤯

by

Okay, so Bitcoin, right? It supposedly hit, like, $111,000 or something. A new “all-time high,” they call it. As if that means anything. Then, of course, it goes down. Always does. Blame the government, naturally. Trade tariffs? What is this, the 18th century? 🙄

And now some “crypto analyst,” Bilal… BilalHuseynov? Is saying something about the Market Value To Realized Value ratio. MVRV. Sounds like alphabet soup to me. Like anyone actually understands this stuff.

Related Reading: Bitcoin’s Current Trend Echoing Past Cycle Moves After Making History – Here’s How

Bitcoin MVRV Stays At 2.4 Amid New ATH – What Could This Mean? 

So, Bilal, in his “QuickTake” – which, by the way, is never quick – says Bitcoin hit $111,970. Big deal. It’s all just numbers on a screen.

Apparently, this MVRV thing didn’t go as high as it usually does when Bitcoin hits a new high. So what? It’s like saying my bagel didn’t have enough poppy seeds. Who cares? It’s still a bagel! They say MVRV is market cap divided by the value of all Bitcoin at the last point of purchase. Sounds like a recipe for a headache if you ask me.

 

Bilal says in 2013, 2017, and 2021, the MVRV was, like, 3.5 to 4.0. Now it’s only 2.4. He blames it on more Bitcoin changing hands at higher prices. So, people are buying it? Is that supposed to be bad? I don’t get it. 🤷‍♂️

But get this: Bilal thinks this is *good*! He says it means the market is “stable.” Stable? With Bitcoin? That’s a good one. Less “froth” and “hype-driven overvaluation.” As if Bitcoin isn’t *always* hype-driven. He thinks “stronger market hands” are involved. Long-term holders? Institutional holders? Sounds like a bunch of guys in suits to me. Probably wearing those ridiculous Bitcoin ties. 🙄

BTC Price Overview 

Right now, Bitcoin’s at $108,397. Down 2.5% today. Up 17.65% this month. Who can keep track? It’s like trying to follow the plot of a Seinfeld episode. Pointless! 🤦‍♀️

Read More

2025-05-25 11:12