Original archived Re: Is Bitcoin Really Overheated? Let's Talk MVRV Z-Score
Scraped on 31/05/2025, 09:20:18 UTC
The MVRV Z-Score, currently around 2.6, suggests Bitcoin is still in a healthy bull market and far from its historical "blow-off top" levels (typically 6-9 in previous cycles). While market maturity and institutional involvement might lead to less extreme peaks this cycle, the fundamental dynamics the MVRV Z-Score captures (market value vs. realized cost basis) remain relevant. Historically, this mid-range Z-Score has often preceded significant altcoin rallies as capital rotates from Bitcoin. Therefore, while always exercising caution and rigorous risk management, the current environment might be opportune
prepaidcardstatus for well-researched altcoin positions, expecting a similar pattern of alt-season to emerge, though potentially more drawn out than past cycles.