Analyst: If BTC holds at 102,000 USD or rebounds, 98,000 USD may become the bull-bear dividing line.

HashBard · 2025-06-22T06:14:26+00:00

Since March 2, the key support level for the extreme deviation pricing range of MVRV has been $102,000. If no negative news appears, a rebound is expected in the short term. Otherwise, it may fall to $98,000, serving as the boundary between bulls and bears.

HashBard

2025-06-22 06:14:26

Abstract generation in progress

On June 22, on-chain data analysts posted on social media that since March 2, the middle orange line of the MVRV extreme deviation pricing range has repeatedly become a support level for pullbacks or a resistance level for rebounds. The current position of this line at $102,000 is particularly critical. Theoretically, unless further unfavourable information triggers pessimistic sentiment, it should be able to gain support for a rebound at this position in the short term. If the support fails, it will continue to fall to test the upper band of the URPD accumulation area-B, which is the $98,000 position; this $98,000 is also the average cost line for current short-term holders and is seen as a phase “bull-bear dividing line.”

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