BTC MVRV

"#BTC Recovery Market Peak Confirmed by MVRV Cycle"

MVRV is currently at 1.46, which means BTC's current market cap is worth 46% more than its Realized Cap.

For simplicity (accounting for margin of error), we can calculate that the price is 46% higher than the Realized Price.

However, in the 4-year cycle of Bitcoin, the average value of MVRV is around 1.75, and the current market can be viewed as an ‘undervalued zone’ below the 4-year average.

Until this section, an MVRV increase of 20-21% is currently required, which requires a 20-21% increase in the price of Bitcoin. ($36k in current calculations)

Also, in general, at the peak of the recovery, the MVRV was around 2.2. A 50% rise is required to reach that section, and the expected value of simple Bitcoin is around $45k.

The above calculation is based on ‘now’, and as the price and time pass, the RV value changes and errors may occur.

However, if the recovery market is maintained, the corresponding MVRV level needs to be considered as a sufficient standard.