Overview
What does MVRV Z-Score describe?
MVRV Z-Score describes market value relative to realized value in standardized terms. Alpha Library lists it as a Bitcoin valuation indicator. It provides valuation context, not a standalone timing rule.
- Asset
- Bitcoin / BTC
- Raw field
mvrv_ratio_zscore- Source
- CryptoQuant
- Values in this preview
- Not included
Methodology
How to read it.
Read the mvrv_ratio_zscore field from the documented CryptoQuant community endpoint.
Distinguish the original metric from its heatmap color. The inspected BTC heatmap uses the 30-day minus 365-day moving-average gap, then places that trend in a trailing 5-year range.
Compare the valuation context with holder behavior and sentiment before drawing a conclusion.
Interpretation limits
A metric called “Z-Score” and a standardized heatmap trend are different transformations. Color is not a measured return or a validated trading signal.
Sources & context
Follow the source.
Prepared for the CQ integration prototype. Source code checked: .
This date records our code review, not a market observation or an analyst publication. These are sample editorial guides derived from the linked sources.
- Alpha Library / API reference →
- Inspected source code (repository access may be required) →
- Heatmap transformation source →
/v2/community/bitcoin-mvrv-z-score
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