BTC - MVRV stays under 1.0 more than 170days

BTC-MVRV-stays-under-10-more-than-170days

At the bottom of past bear markets, the length of time the MVRV indicator, which indicates whether the price of Bitcoin is overvalued or undervalued, stayed below 1 is shown below.

2015 - 300days, lowest point: 0.6
2018 - 134days, lowest point: 0.69
2022 (currently ongoing) - 170days, lowest point: 0.74

Even if the bear market continues further due to macro issues, it may be the time to keep looking at the opportunity. Since no one knows the lowest point, a split buy may be a good answer.