$BTC 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝘼𝙥𝙥𝙧𝙤𝙖𝙘𝙝𝙞𝙣𝙜 𝙩𝙝𝙚 𝙐𝙣𝙙𝙚𝙧𝙫𝙖𝙡𝙪𝙚𝙙 𝙕𝙤𝙣𝙚

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Generally, when the MVRV ratio falls below 1, Bitcoin is regarded as undervalued. At present, the indicator stands at around 1.1, suggesting that price levels are nearing the undervaluation range.

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