Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model.
Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800
In a new post on X, analyst Ali has discussed some price levels for Bitcoin that could be important based on an on-chain pricing model. The model is based on the Market Value to Realized Value (MVRV) ratio.
The MVRV ratio is a popular indicator that, in short, keeps track of the ratio b