Is Bitcoin Headed for a Wild Ride? A Closer Look at the Early 2024 MVRV Z-Score Spike
Early 2024 MVRV Z-Score spike signaled possible correction phase for Bitcoin Understanding the MVRV Z-Score Have you ever heard of the MVRV Z-Score? No? Well, you’re not alone! This unique metric is used to evaluate whether Bitcoin is overvalued or undervalued relative to its “fair value”. Forget about traditional z-scores – the MVRV Z-Score takes…