YAS02022-06-18

MVRV hits 0.8

MVRV measures the market value over realized value. Realized value is the average market purchased price. Today, the MVRV hit 0.8 on the hourly chart shown in the first chart. MVRV is not 0.8 on the daily yet. Historically, there are VERY few periods of time where BTC can be accumulated at this level. MVRV at 0.8 means that the market price is at approximately 20% below the average market purchased price.