Bitcoin MVRV At Critical Level: Will A Break Happen?

On-chain data shows the Bitcoin “Market Value to Realized Value” (MVRV) is at a critical level currently. Will a bullish breakout take place?
Bitcoin MVRV Ratio Is Retesting The 1.5 Level Right Now
As pointed out by an analyst in a CryptoQuant post, the BTC MVRV ratio has been around a critical level recently. The “MVRV ratio” is an indicator that measures the ratio between the market cap of Bitcoin and its realized cap.
The “realized cap” here refers to a cap