$BTC sitting at $83.2k while realized price is only $53.8k
MVRV at 1.55 — not overheated yet
Realized Mayer Multiple at 1.01 — basically at equilibrium
This means average holder is up ~55% but we're not in euphoria zone. Market has room to run if liquidity flows back in.
Still early in the cycle phase imo
MVRV at 1.55 — not overheated yet
Realized Mayer Multiple at 1.01 — basically at equilibrium
This means average holder is up ~55% but we're not in euphoria zone. Market has room to run if liquidity flows back in.
Still early in the cycle phase imo