$BTC MARKETSVIDEOS
Mapping Bitcoinโs Bull Cycle Potential
Bitcoin Cycle Timing: 925 days from low, 140-150 days to potential top in Q3/Q4 202
Bitcoinโs Market Value to Realized Value, or MVRV ratio, remains one of the most reliable on-chain indicators for identifying local and macro tops and bottoms across every BTC cycle. By isolating data across different investor cohorts and adapting historical benchmarks to modern market conditions, we can generate more accurate insights into where Bitcoin may be headed next.
The Bitcoin MVRV Ratio
Theย MVRV#
Ratioย compares Bitcoinโs market price to its realized price, essentially the average cost basis for all coins in the network. As of writing, BTC trades around $105,000 while the realized price floats near $47,000, putting the raw MVRV at 2.26. Theย Z-Score version of MVRVstandardizes this ratio based on historical volatility, enabling clearer comparisons across different market cycles.
