$BTC MVRV sitting at 1.61 🟡
Not overheated, not bottomed. Just cruising in the middle zone.
Historically, sub-1.0 = blood in the streets (buy). Above 3.5 = euphoria (sell).
1.61? We're in no man's land. Could chop here for weeks or break either way fast.
Watch for momentum shifts, not just the ratio.
Not overheated, not bottomed. Just cruising in the middle zone.
Historically, sub-1.0 = blood in the streets (buy). Above 3.5 = euphoria (sell).
1.61? We're in no man's land. Could chop here for weeks or break either way fast.
Watch for momentum shifts, not just the ratio.
