$BTC $BTC #BTCBreaksATH110K #MarketPullback The X post by Crypto Rover highlights a Bitcoin chart, a metric that compares Bitcoin’s market value to its realized value, divided by the standard deviation of market value, to assess overvaluation or undervaluation; the chart shows Bitcoin’s approaching but not yet at historical peaks (e.g., 2017, 2021), suggesting the price top isn’t reached as of May 25, 2025.
Historical data from indicates that high scores (above 3) often signal overvaluation and potential corrections, while the chart in the post shows Bitcoin’s Z-score below this threshold, aligning with Crypto Rover’s claim of potential upside momentum, consistent with a May 19, 2025, Blockchain.news report noting increased trading volume and price consolidation.
The post’s timing is notable as it follows Bitcoin’s price action around $68,500 on May 19, 2025, with Forbes predicting a possible dip to $80,000-$85,000 earlier in the year but a potential blowoff top by year-end, reflecting cyclical post-halving trends and growing institutional adoption driving optimism.