Bitcoin is nearing a level on the MVRV ratio that historically lines up with market “undervaluation,” according to CryptoQuant contributor Crypto Dan, as traders look for signs that a four-month drawdown from October 2025’s all-time high is shifting from distribution into accumulation.
Is Bitcoin Undervalued?
In a post on X, Korean Dan said Bitcoin is “approaching the undervalued zone,” arguing that the market is getting close to a threshold that has often marked compelling risk-reward for longer-horizon buyers.
“After reaching its all-time high in October 2025, Bitcoin has been declining for approximately 4 months and is now approaching the undervalued zone,” he wrote. “Generally speaking, when the MVRV ratio falls below 1, Bitcoin is considered to be undervalued. The current value is around 1.1, which can be seen as being close to the undervalued zone.”
The MVRV framing matters because the metric has tended to compress toward 1 around prior cycle lows.
We współpracy z: https://www.newsbtc.com/bitcoin-news/bitcoin-undervalued-mvrv-slides-toward-1/