๐ Bitcoin ( $BTC ) MVRV Ratio Update
Bitcoinโs Market Value to Realized Value (MVRV) Ratio currently stands at 2.122, based on the latest 3 month trend analysis.
๐ What is MVRV?
The MVRV ratio compares Bitcoinโs market value to its realized value (the price when each coin last moved). Itโs widely used to gauge whether $BTC is undervalued or overvalued relative to investor cost basis.
๐ Current Reading (2.122):
Bitcoin is trading above realized value.
This level sits within the historical range of overvaluation, signaling that the market is elevated but not at extreme levels.
๐ก Implications:
Investors are, on average, in profit.
Market sentiment shows slight bullishness.
While BTC has room for further upside, caution is advised since price is above intrinsic value.
โ Conclusion:
Bitcoin remains fairly valued in the current cycle. The MVRV reset and price action suggest space for growth, though investors should remain vigilant against overextension.
