💰 #Bitcoin | MVRV-Z Bands indicate that we have not yet reached the peak


According to data from CryptoQuant, the current selling pressure remains unusually low, even with 📷$BTC hovering around $95,000.
🧠 The MVRV-Z indicator ( market value versus realized value ) suggests that levels of euphoria and mass selling have not yet been reached.

🔍 The historical price bands (+1σ, +2σ, +3σ...) show that previous cycle peaks occurred much higher. The projected maximum range is around $145K to $160K+.
💡 What's the conclusion?

We are still not at the top. The selling pressure does not reflect a cycle peak behavior.

📈 Patience pays off. The cycle is still alive.

#mvrv 📷$BTC # hold #CryptoQuant # onchain
BTC0.83%
EL-2.92%
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