Bitcoin valuation indicator hints at macro top as ‘death cross’ appears


Bitcoin valuation indicator hints at macro top as ‘death cross’ appears


Bitcoin’s MVRV metric signals weaker momentum as BTC price shows signs of exhaustion and a potential cycle top, yet not all indicators are bearish.

Key takeaways:

Bitcoin’s MVRV death cross signals bearish momentum, historically preceding big price corrections.

However, the MVRV Z-Score remains well below historical peak levels.

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