In the next 16 years, there may only be about one month left before the currency price potentially explodes before the BTC production is halved in 24 years The black line in the figure is the Bitcoin MVRV indicator before April 22, 2024 (the halving day); the red line is the Bitcoin MVRV indicator before July 9, 2016 (the halving day). Set the two halving days as the end points of the black and red line segments and align them.Note: MVRV (Market Value to Realized Value) refers to the ratio of the total market value of BTC on the chain to the total market value calculated based on all BTC purchase prices, that is, spot price/cost price. The MVRV indicator in the picture is a personal modified version. Specifically, BTC that have not been moved on the chain for more than 7 years are regarded as long-term dormancy or lost and are excluded from the calculation.
