Bitcoin Price MVRV Bounce Hints at a Spring-Loaded Price Move Ahead
The post Bitcoin Price MVRV Bounce Hints at a Spring-Loaded Price Move Ahead appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) price is back near its all-time high, but this move feels different. It is holding just under $109,000, but some key signals suggest the rally isn’t overheated yet. In fact, one old metric is flashing a setup last seen during the $75K run. Short-term holders are barely in profit, which is rare this late into a cycle. That could mean the next move catches the market off guard. Bitcoin Price MVRV Shows Room to Run The short-term holder MVRV Z-score is now back at levels seen when BTC price was at $75,000. That’s what makes this setup interesting. Today, Bitcoin price is nearly 45% higher, but short-term wallet profitability still looks flat. According to OnChainCollege, a crypto-analyst, that divergence is rare. It’s the kind of setup that shows buyers aren’t rushing to sell. Historically, when MVRV rebounds like this, price follows. Source: X Back in September 2024, MVRV hit the same trendline bottom when BTC was $54,000. A few weeks later, Bitcoin broke through resistance. That same trendline is now being retested. The standard MVRV-Z score chart reiterates this finding. While the indicator measures the profitability of the Bitcoin holders, a higher number (7 to 10) often suggests market tops. At present, the score is between 3 and 4, even with the Bitcoin price trading close to its ATH. Whale Sentiment Has Quietly Flipped Whale traders seem to be warming up. The blue line in Alphractal’s chart, which tracks big-position sentiment, has bounced hard off June lows. It went from around 0.66 to nearly 1.12 in less than a week. Source: X That’s not small. This kind of rise shows whales are adding to their long positions again. Last time this number pushed above 1.0, Bitcoin price moved up sharply from $97K to $111K. The price is still…
Filed under: News - @ July 5, 2025 2:29 pm