Bitcoin bear market almost over? BTC price metric outpaces 2022 bottom

Bitcoin bear market almost over? BTC price metric outpaces 2022 bottom

Bitcoin bear market almost over? BTC price metric outpaces 2022 bottom

Bitcoin’s MVRV Z-score printed record lows on a rolling two-year basis, making BTC price more “undervalued” than at the pit of past bear markets.

Bitcoin (BTC) may be “close to the end” of its correction as a classic BTC price metric beats records.

Key points:

Bitcoin’s MVRV Z-score is at record lows on two-year rolling time frames.

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