
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
More on this
Regulation · 17:29Russia's Finance Ministry says crypto investors near 20 million with $44B in assets
Exchanges · 16:44Strive CRO says firm can double bitcoin holdings every 12 weeks
Macro · 15:57BlackRock Says AI Agents Need 'Machine-Native Money': Stablecoins to Spend, Bitcoin to Save