Opinion: MVRV Z-Score Has Not Yet Entered the Historical Low Green Zone, Which May Indicate That It Is Not Yet the Right Time to Buy the Dip
According to Odaily, crypto researcher anıl posted on X that, based on historical data, when the MVRV Z-Score drops below 0, especially below -0.20, bitcoin is at its lowest price point. In the current cycle, the lowest value bitcoin has reached is +0.26, which means the classic "green zone" has not yet been tested. In every major previous cycle, the Z-Score has entered the negative region. If this value enters the negative region again, it could signal the most attractive medium- to long-term risk-reward range for bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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