The $Bitcoin MVRV Z-Score is returning to its historical accumulation zone.


In the 2019 and 2022 cycles, when the MVRV Z-Score approached zero, the market formed a medium-term bottom before entering a new uptrend.
Currently, this indicator has once again returned to the low valuation zone, where most unrealized profits have been absorbed and speculative pressure has significantly decreased.
This doesn't guarantee a bottom has been confirmed, but history shows this is an area where the risk/reward ratio begins to favor long-term investors.
If money flows back in, the MVRV Z-Score could detect one of the clearest accumulation signals of this cycle.
BTC2.55%
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