Markets· ★★★· neutral·

Analyst: Bitcoin MVRV falls to 25.7%, market enters accumulation phase

  • —Bitcoin MVRV fell to 25.7%, below the 30th percentile
  • —BTC met resistance near $87,000 and pulled back
  • —Such MVRV levels occurred only about 25% of the time historically
  • —Zone is no longer 'extremely undervalued' but fits accumulation
Why it matters: The metric points to an accumulation phase after capitulation, potentially signaling a base forming ahead of a recovery.
#BTC
Source: PANews
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