BTC MVRV sits around 1.1, approaching the 1.0 undervaluation threshold.
historically, sub-1 marked deeper value zones, but this cycle never reached extreme overvaluation first. for the the blind homies, price is nearing bottom territory.
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BTC MVRV sits around 1.1, approaching the 1.0 undervaluation threshold.
historically, sub-1 marked deeper value zones, but this cycle never reached extreme overvaluation first.
for the the blind homies, price is nearing bottom territory.