Bitcoin’s MVRV Ratio Suggests Potential Market Bottom

Recent analysis suggests that Bitcoin may be at a potential market bottom, according to CryptoQuant data. The Bitcoin MVRV (Market Value to Realized Value) ratio has fallen below its 365-day average, signaling a possible buying opportunity for investors. This trend aligns with historical patterns of Bitcoin’s price recovering after market bottoms, as past cycles show similar behavior. CryptoQuant analyst ShayanMarkets highlighted this correlation, stating that the metric historically indicates potential market lows, prompting cautious optimism. ]