BTC breaks $70,000+, the price touches +1.0σ

BTC breaks $100,000+, the price touches +1.0σ

Currently, +1.0σ (light green line) value is $117,114

Black line: Bitcoin price

+2.0σ: Bitcoin realized price weighted by positive 2 standard deviations of the historical cumulative average of the Bitcoin MVRV indicator

+1.0σ: Bitcoin realized price weighted by positive 1 standard deviation of the historical cumulative average of the Bitcoin MVRV indicator

Mean: Bitcoin realized price weighted by ±0 standard deviations of the historical cumulative average of the Bitcoin MVRV indicator

-0.5σ: Bitcoin realized price weighted by negative 0.5 standard deviations of the historical cumulative average of the Bitcoin MVRV indicator

-1.0σ: Bitcoin realized price weighted by negative 1 standard deviation of the historical cumulative average of the Bitcoin MVRV indicator