Merkle sees improving risk-reward for Bitcoin (opens original article in a new tab)

Merkle Capital sees improving risk-reward for Bitcoin despite short-term market pressure, citing valuation metrics and renewed institutional interest.

• Bitcoin remains attractive for gradual accumulation despite potential June market pressure
• Institutional investors reduced Bitcoin ETF exposure but showed renewed buying on June 4
• Bitcoin's MVRV ratio at 1.15 indicates 15% average profit for holders
• Merkle Capital suggests improving risk-reward profile for Bitcoin due to valuation metrics