Markets· ★★★· bullish·

Bitcoin's MVRV flashes historic bullish signal, but $90K breakout faces overheated market

  • Bitcoin's MVRV crossed above its 365-day average after negative momentum
  • Short-term holders returned to breakeven with BTC in the $85K-$90K range
  • Fear and Greed Index entered 'extreme greed' on 22 September
  • Bitcoin ETFs drew $937.3 million on 21 September, the biggest day since October 2025
Why it matters: The MVRV signal supports the bullish trend, but extreme greed and crowded long leverage raise pullback risk if BTC fails to clear $90K.
Source: AMBCrypto