Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K
Bitcoin has regained footing after a turbulent week of selling pressure, reclaiming crucial support levels and signaling early signs of recovery. Bulls are cautiously stepping back in, though conviction remains limited as the $110K resistance — a key psychological and technical barrier — has yet to be tested. Related Reading: Anti-CZ Whale Flips Bullish On Ethereum: Now Up $15M On A $119.6M Long Position According to CryptoQuant data, underlying market dynamics suggest that a continuation of current momentum could fuel a potential surge toward $115K. The rebound follows a period of....
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Bitcoin is back in beast mode. After months of chop and doubt, $BTC has flipped the narrative with a powerful V-shaped recovery that has it trading above $103K. Market sentiment has turned sharply bullish, and it’s not just crypto-native voices shouting ‘to the moon.’ Big money is flowing in. Analysts are calling for a $120K […]
The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where recovery could begin. While the drop in MVRV could suggest an “opportunity for long-term investors,” the analyst warns that caution is needed. Related Reading: Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC?....
The current trend in the Bitcoin MVRV ratio suggests the ongoing rally in the cryptocurrency’s price may have room to grow further still. Bitcoin MVRV Ratio Hasn’t Yet Reached Its 4-Year MA As pointed out by an analyst in a CryptoQuant post, the recovery phase in the asset’s price isn’t over yet. The “Market Value […]
Bitcoin’s latest market pullback has pushed its MVRV ratio back into a critical zone that has historically been associated with macro correction lows and early-stage recovery setups. The MVRV metric now reflects a valuation reset similar to the conditions that preceded major rebound phases in prior cycles. Why The Reset Reinforces Bitcoin Value Proposition The crypto bearish performance echoes through the Bitcoin community as the Market Value to Realized Value (MVRV) ratio dips into the critical 1.8 to 2.0 range, a zone significant for past cycle corrections where BTC found its....
The Bitcoin price began Friday, August 16 from beneath the $57,000 level, following a sudden 7% fall on Thursday. While the premier cryptocurrency is showing good signs of recovery, a prominent crypto analyst has explained how the latest price decline may have pushed the BTC price into a bearish phase. Bitcoin MVRV Drops Below 1-Year […]