Bitcoin Trading Far Below Historical Norms: Rebound or a Warning Sign?
Bitcoin is trading well below its historical valuation range, but a comparison between its realized value and its current market valuation shows signs of easing selling pressures. Data from CryptoQuant shows BTC’s MVRV Z-Score sitting near 0.42, substantially below its long-term average of 1.7. The indicator has been below that historical mean for the past…
