The main scale Bitcoin Bulls appears in trouble, with a price of $ 60,000

Main meals:

• Bitcoin’s momentum momentum signals, historically preceded large prices.

• However, MVRV Z-ScoRe is still much lower than historical peak levels.

Bitcoin (BTCIt can be set for expanded correction in the coming weeks, where the excessive value scale sends a Haboodian signal. The cryptocurrency market may witness a “reflection of macro”, according to encryption analysts.

The MVRV scale of Bitcoin shows “tired signs”

The market value of the Bitcoin of the percentage of the achieved value (MVRV), an indicator that measures whether the original is exaggerated, was recently printed the “Cross of Death”, indicating a decline momentum, according to the Cryptoquant Yonsi_dent analyst.

“MVRV momentum shows signs of fatigue with a clear dead intersection between 30dma and 365dma”, analyst He said In a quick analysis on Sunday.

The last time that the index produced this declining intersection at the top of the 2021 bicycle cycle, a decrease of 77 % to $ 15,500 from $ 69,000 during the 2022 bear market.

Related to: Bitcoin is at risk of working day to 105 thousand dollars, as sellers benefit from the threat of OG BTC Whale

Despite 13 % The BTC price rises to 124,500 dollars at all From 109,000 dollars between January and August, MVRV rejected, “indicating poor capital flow,” adding: adding:

“History does not repeat, it’s rhymes – and the signs of MVRV deserve attention.”

Cross Mvrv Death “indicates a reflection of micro momentum from positive to negativity, analyst Ali Martinez He said On Friday’s publication on X.

If history repeats itself, the price of bitcoin may be initiated in the direction of consciousness for a long time, with analysts’ offer Short -term goals are about $ 105,000 And even as low as $ 60,000 if the bear market is Hold.

Bitcoin universal gathering, MVRV Z-SCORE offers

Despite this potential landline scenario, many other Onchain indicators indicate that Bitcoin’s It is unlikely to be a height of 124,500 dollars at all. For example, every 30 Coinglass’ peak signals No signs of high temperature still appear.

Likewise, Bitcoin MVRV Z-SCORE It is still much lower than the historically associated levels with market peaks. This difference indicates that the current assembly may still recover from the current levels to the highest levels ever.

Historically, when the market value exceeds the achieved value to a large extent, the result enters the red zone (see the graph below), indicating an exaggerated estimate and often precedes major peaks.

“When it is high (the red zone), people sit on huge profits and usually sell. When they are low (green zone), people are underwater and buy smart money,” He said The famous analyst StockMoney Lizards on August 26 on X.

Historical patterns indicate that each Macro’s summit coincided with MVRV Z between 7 and 9. In 2017, it rose above 9 before the accident and in 2021, it rose above 7 before reflection.

In 2025, the scale “sits around 2”, adding: adding:

“We are not even close to the danger zone yet. People do not overcome profits as they were in previous tops. This tells me that we have room for running.”

This indicates that from the point of view of Onchain, the Bitcoin temperature has not yet risen and it continued to climb before it is at the forefront, and perhaps around Megaphone price goal of $ 260,000.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.