Markets· ★★★· neutral·

CryptoQuant: Bitcoin's Return to $126K Hinges on MVRV Breaking 1.62

  • 30-day MVRV moving average left the accumulation zone for the second time in 2026
  • The key threshold is the yearly MVRV peak of about 1.62
  • A break above 1.62 would target the all-time high of $126,000
  • The indicator spent roughly six months in the accumulation range this year
Why it matters: MVRV is a closely watched cycle indicator, but the confirmation level has not been reached yet, leaving the bullish scenario unconfirmed.
Source: Koin Bülteni