What changed
Bitcoin’s Glassnode MVRV momentum has turned positive, prompting a report to suggest that the cryptocurrency’s bear market may be over. That is a signal change, not a confirmed market verdict.
Why it matters
MVRV momentum is being treated here as an early clue about Bitcoin’s direction. A positive reading can make the market look less defensive, but it does not settle whether the broader downturn has ended or whether the momentum will last.
The historical comparisons behind the argument are useful as context, not a promise. Similar readings can appear in different market conditions, so Bitcoin may not repeat either earlier trajectory. The practical takeaway is simple: the indicator has improved, while the larger conclusion remains conditional.
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