$BTC
๐ฎ #BTCโ Breakout or Downfall?
โ
Probable Next Move: Breakout
Why?
MVRV Z-Score has not hit the danger zone (Z > 7).
Still room for speculative price surge before top.
Market Cap is growing steadily without mania-like divergence.
๐ป Risk Factors for Downfall:
If Z-Score jumps past 6โ7, expect possible major correction soon after.
Watch for divergence between Market Cap and Realized Cap (bubble signals).
๐ Final Thoughts:
Short-Term (1โ2 months): Gradual price appreciation likely.
Medium-Term (3โ6 months): Potential for a major bullish breakout if Z-score rises toward 6+.
Long-Term (6โ12 months): Risk of a cycle top increases significantly if Z-score exceeds 7 โ watch closely.
#MarketPullback #Binance #Square