Bitcoin Up 15% in a Month, Analyst Cautions on MVRV Resistance Level
Bitcoin is currently trading at $109,000, marking a marginal decline of 0.6% over the past 24 hours. Despite this short-term dip, the broader market trend remains intact, with Bitcoin recording an approximate 15% gain over the past month. This performance comes after BTC set a new all-time high just above the $111,000 mark a few days ago, continuing its strong upward momentum through Q2 2025. Burak Kesmeci, a contributor on CryptoQuant’s QuickTake platform, recently discussed the Market Value to Realized Value (MVRV) ratio in his latest analysis, “Bitcoin MVRV: Will the Long-Term....
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On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Z-Score has declined to the lowest levels since the price was at $35,000. Bitcoin MVRV Z-Score Has Plummeted Recently In a new post on X, Glassnode analyst Chris Beamish has discussed about the latest trend in the Bitcoin MVRV Z-Score. This on-chain indicator calculates […]
On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MVRV ratio is retesting a level that has acted as an important psychological level in the past. The “MVRV ratio” here refers to a popular on-chain indicator that, in short, compares the value that the investors are holding (that is, the market cap) against what they used to purchase the cryptocurrency (the....
The last trading week saw Bitcoin produce another price rebound as the premier cryptocurrency moved to reclaim the $95,000 price region. However, bullish momentum seems to have stalled in the past day amidst a minor retracement and an ongoing price consolidation. Notably, speculations over Bitcoin’s ability to sustain the current uptrend also persist. Interestingly, popular crypto analyst Burak Kesmeci has shed some light on possible developments that could decide BTC’s price movement in the immediate future. Related Reading: Bitcoin Coinbase Premium Gap Remains In Positive Zone —....
A cryptocurrency analyst has pointed out how Bitcoin could target $139,000 next, according to this on-chain pricing bands model. Bitcoin Has Broken Past 0.5 SD MVRV Deviation Band In a new post on X, analyst Ali Martinez has talked about where Bitcoin may be heading next based on the MVRV Extreme Deviation Pricing Bands. This pricing model is based on the popular Market Value to Realized Value (MVRV) Ratio, an indicator that compares the market cap of Bitcoin against its realized cap. Related Reading: Bitcoin Short-Term Holder RVT Nears Cycle Lows: A Healthy Reset? The former represents....
An analyst has highlighted how Bitcoin has consistently bottomed out between the 1.0 and 0.8 MVRV pricing bands during the past decade. Bitcoin Still Hasn’t Breached Below 1.0 MVRV Band In This Cycle In a new post on X, analyst Ali Martinez has talked about historical Bitcoin bottoms from the perspective of the MVRV Pricing Bands. This is an on-chain pricing model for BTC that’s based on the popular Market Value to Realized Value (MVRV) Ratio. Related Reading: Altseason Mentions Hit Extreme Lows: Is Dogecoin About To Benefit? The MVRV Ratio measures how the market cap of BTC, a....