Bitcoin bear market almost over? BTC price metric outpaces 2022 bottom

Bitcoin’s MVRV Z-score printed record lows on a rolling two-year basis, making BTC price more “undervalued” than at the pit of past bear markets.

Bitcoin (BTC) may be “close to the end” of its correction as a classic BTC price metric beats records.

Key points:

Bitcoin’s MVRV Z-score is at record lows on two-year rolling time frames.

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