📊 Is $BTC Nearing Undervalued Territory? Let’s Break It Down.
According to CryptoQuant data, Bitcoin’s MVRV (Market Value to Realized Value) ratio is currently around 1.2.
🔎 What does that mean?
• MVRV < 1 → Historically signals undervaluation
• MVRV = 1 → Average holder break-even
• MVRV > 1 → Holders in profit
Right now at 1.2, BTC is approaching levels that have previously aligned with strong accumulation zones — but it hasn’t fully entered classic “deep undervaluation” territory yet.
📉 When MVRV drops below 1, it typically indicates:
• Majority of holders are at a loss
• Capitulation phase
• Long-term accumulation opportunity
So the real question:
Are we near a macro bottom — or just cooling before another move?
Bottoms are usually formed during:
✔ Fear
✔ Low sentiment
✔ Weak hands exiting
✔ Long-term buyers quietly accumulating
History doesn’t
