📉 #BTC Bitcoin Price — Entering a Cheap Zone



Bitcoin's MVRV is currently at 1.1, sitting just above the green undervaluation zone that has historically marked major market bottoms.

$BTC
BTC2.91%
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AirdropNightwatch
· 7h ago
MVRV 1.1 is indeed hovering near historical lows, but could this time be different?
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Salt-BakedBabyPotatoes
· 7h ago
The green zone is at the edge—on the previous few times I stepped in, they were all golden traps, but the macro environment is very different from 2018 and 2020.
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GateUser-7a050ee5
· 7h ago
Bottom indicators are just indicators—liquidity is the real “boss.” Now this trading volume is actually pretty impressive.
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NfaKitchen
· 7h ago
I've been watching this indicator for half a year, and every time I think it's bottomed out, the result can still be refined for another three months.
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