Anticipation in some quarters within the cryptocurrency community had suggested a significant increase in Bitcoin’s price following its halving event. Despite the quadrennial event, the digital asset is yet to experience a substantial price rebound.
![Bitcoin (BTC) Rebound Likely As MVRV Ratio Shows Ongoing Accumulation Phase Bitcoin (BTC) Rebound Likely As MVRV Ratio Shows Ongoing Accumulation Phase](https://cnews24.ru/uploads/ccd/ccd0b936345d2966c2f07d8083549edac43a11d2.jpeg)
Anticipation in some quarters within the cryptocurrency community had suggested a significant increase in Bitcoin’s price following its halving event. Despite the quadrennial event, the digital asset is yet to experience a substantial price rebound.