🚨 Bitcoin ($BTC ) Bottom May Not Be In Yet

BTC
BTCUSDT
70,289.6
+2.26%

Despite $BTC showing strong resilience even during global conflict, on-chain metrics suggest the market could still be undergoing a broader stress-test phase.

According to analysts, the MVRV ratio is currently hovering near 1.2, which historically signals an accumulation zone where long-term investors gradually build positions. However, true cycle bottoms in previous market cycles have typically formed when the MVRV drops below 1.0, reflecting a period of full market capitulation and maximum fear.

Until that deeper reset occurs, the possibility of further volatility or another liquidity sweep remains on the table before the next major bullish expansion begins.

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