Recent Bitcoin price movements signal a potential downside trajectory, with the cryptocurrency breaching its long-term support levels. Key insights reveal that falling below the MVRV Mean band has prompted analysts to predict a further decline of up to $75,700 before 2025 ends. Bitcoin’s descent follows its break from a crucial support level established in 2023, now acting as a potential entry point for a deeper sell-off. Analysts highlight that this support was previously maintained by the MVRV Extreme Deviation Bands, which act as indicators of overvaluation and undervaluation compared to historical acquisition costs. The Mean band (yellow), indicating fair value, dropped below its recent levels, prompting concerns about further price drops toward the -0.5σ (teal) band.