Viewpoint: MVRV Z-Score Has Not Yet Entered the Historical Low Green Zone, Possibly Indicating It's Not Yet Time to Buy the Dip

Odaily News Cryptocurrency researcher anıl posted on the X platform, stating that historical data shows Bitcoin reaches its price bottom when the MVRV Z-Score falls below 0, especially below -0.20. In the current cycle, the lowest value Bitcoin touched was +0.26, which means the classic "green zone" has not been tested. In every previous major cycle, the Z-Score has entered negative territory. If this value enters negative territory again, it may signal the most attractive medium-to-long-term risk-reward ratio interval for Bitcoin.