Bitcoin's MVRV Z Score has just triggered an oversold signal at the two-year level—a rare occurrence that's only happened six times throughout BTC's entire history. This metric carries significant weight because it measures the average unrealized profit or loss across all holders, and when it flashes oversold, it typically signals that investors collectively are sitting on substantial unrealized losses.
What makes the current reading particularly notable is the comparison to past cycle bottoms. By this measure, Bitcoin appears to be priced even lower than during the 2022 FTX collapse, one of the most severe capitulation events in recent memory. The gap between current valuation and historical lows suggests the market may be pricing in extreme pessimism.
These oversold conditions don't guarantee immediate rebounds, but they do highlight the tension between widespread losses and potential mean reversion opportunities in Bitcoin's price discovery process.
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AlwaysMissingTops
· 01-01 20:06
Six historical bottom signals? It might be an excellent opportunity to buy the dip, but I'm still hesitant.
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Lower than FTX? That's quite outrageous, it seems everyone is terrified.
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MVRV breaking records—what does that mean... Maybe it's time to buy the dip? I can't say for sure.
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Only six times in two years... sounds rare, but rebounds don't necessarily happen immediately, which is the tricky part.
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Extremely pessimistic pricing—then maybe we should think the other way around, could this be the bottom?
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GoldDiggerDuck
· 2025-12-30 11:57
Damn, it's rare in history to occur only 6 times. I really can't hold it together this time.
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Here comes another round of "bottom-fishing" jokes... I said the same thing in 2022 last time.
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MVRV breaking the chart, even lower than FTX? Hey, this is what they call a "chance."
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Waiting for the next rebound, but jumping in now is still too risky.
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Despair is spreading everywhere, what should I do...
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It feels like history repeating itself, but this time is really different, right?
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Extreme pessimistic pricing, in other words... jumping in now is really just to spite the market.
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Six times it’s been like this, six times I failed to catch the bottom...
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BlockchainArchaeologist
· 2025-12-30 11:56
Six times? This time is really a historic-level bottom-fishing signal, even cheaper than the FTX explosion in 2022... I'm a bit worried that the bottom might be gone.
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BearMarketSurvivor
· 2025-12-30 11:50
Six signals of no market rescue, and now it's happening again... Historical data looks good, but we all know the bottom is created, not identified just by looking at charts.
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OnChainSleuth
· 2025-12-30 11:28
Six times already, and MVRV has been pushed to this level... It's even more desperate than the FTX wave in 2022.
Bitcoin's MVRV Z Score has just triggered an oversold signal at the two-year level—a rare occurrence that's only happened six times throughout BTC's entire history. This metric carries significant weight because it measures the average unrealized profit or loss across all holders, and when it flashes oversold, it typically signals that investors collectively are sitting on substantial unrealized losses.
What makes the current reading particularly notable is the comparison to past cycle bottoms. By this measure, Bitcoin appears to be priced even lower than during the 2022 FTX collapse, one of the most severe capitulation events in recent memory. The gap between current valuation and historical lows suggests the market may be pricing in extreme pessimism.
These oversold conditions don't guarantee immediate rebounds, but they do highlight the tension between widespread losses and potential mean reversion opportunities in Bitcoin's price discovery process.