Bitcoin MVRV sitting at 1.49 đą
For context: MVRV (Market Value to Realized Value) measures if BTC is overvalued or undervalued relative to its cost basis.
1.49 = Market trading 49% above realized price
Historically:
âą Below 1.0 = accumulation zone (undervalued)
âą 1.0-2.5 = fair value range
âą Above 3.5 = distribution zone (overheated)
We're in healthy territory. Not cheap enough for max pain capitulation, not frothy enough for top signals. Mid-cycle vibes.
MVRV extremes usually mark local bottoms/tops. Right now? Neutral to slightly bullish.
Keep stacking if you're long-term bullish. This isn't screaming exit liquidity yet.