Bitcoin’s MVRV ratio and NUPL have not yet hit a strong accumulation zone The coin’s UTXO may need to break out of its resistance to sustain January’s momentum while U.S interest rates could also affect BTC’s demand Bitcoin’s [BTC] 43% hike in January surely brought rays of hope to investors dampened by 2022’s market display.
![Can February see Bitcoin [BTC] do a January? The odds are…](https://images.cryptocompare.com/news/default/ambcrypto.png "Can February see Bitcoin [BTC] do a January? The odds are…")
