Bitcoin approaches critical resistance on the MVRV Z-Score!

The MVRV Z-Score is getting very close to testing an important trendline — which could become a major resistance for Bitcoin's price.

💭 The big question:

Will this barrier limit Bitcoin’s next peak, or will the MVRV break higher like it did in previous cycles, pushing the price even further?

🔎 What is the MVRV Z-Score?

It measures the deviation between Bitcoin’s market value and its realized value — in other words, whether BTC is overvalued or undervalued compared to the average purchase price.

➡️ High Z-Score: risk of overvaluation and potential correction

➡️ Low Z-Score: accumulation opportunity in value zones

⚡ This metric has been crucial for spotting market extremes, offering valuable clues about what might come next for Bitcoin’s price.

👀 Stay alert: the next move could define the course of the current cycle.