Bitcoin MVRV Z-Score Signals Early Bull Market Recovery and Investor Activity

TLDR: Bitcoin MVRV Z-Score at −0.262 historically marks cycle bottoms and accumulation zones.  Current Z-Score recovery to 0.469 indicates early-to-mid phase of potential bull market.  Whale vs Retail Delta shows large holders reducing exposure while retail remains bullish.  Historical patterns suggest deep undervaluation often precedes multi-year Bitcoin price rallies. Bitcoin MVRV Z-Score measures market value [...]

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