G a a h2025-04-15

MVRV MA30d reaches lowest level in 6 months

Bitcoin's MVRV MA30d indicator has returned to the lower region of the neutrality range (between 1.8 and 2.1), suggesting a market with a dominant feeling of extreme fear. Historically, these zones have served as psychological and technical support, marking points of correction or resumption of the uptrend. This behavior was already observed during the fall to $50,000 in the recent past, where the MVRV also reached similar levels before a new appreciation. In the current chart, the MVRV reflects that investors, especially short-term ones, are operating close to break-even or at a loss, which historically indicates exhaustion of selling pressure. The rectangles marked on the charts highlight previous moments when the BTC price reacted positively after the indicator touched this lower zone. Therefore, although market sentiment is anchored in fear, the recent cyclical behavior of the MVRV suggests a possible recovery opportunity in the BTC price.