$BTC | The MVRV Z-Score proxy I track for SatoshiMacro, built on AUD BTC closes, sits at 0.18 today, just above the 0.08 cutoff for the cycle-bottom zone. It already touched that zone once in 2026, only the sixth year that has happened since the proxy's 2016 start. On the desk, a second approach to a floor reads differently to the first. History shows the cycle-top zone has held for 183 days total versus 362 in the cycle-bottom zone. Bottoms take longer. My read is that slower rhythm matters more than today's single print. It is a position classifier, not a forecaster, and this signal carries 25 percent of Tier 1 in the SatoshiMacro Model, never the whole call. Not trading advice.

https://satoshimacro.com/tools/crypto/cycle-indicators/bitcoin-market-value-z-score/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-1

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