Bitcoin Still Below Historical Top Signal – MVRV Z-Score Supports Upside Potential

Description

Bitcoin is facing a crucial test as it consolidates just below all-time highs, teasing a breakout into price discovery. After briefly tagging the $112,000 mark, BTC pulled back slightly, and volatility has surged, leaving investors uncertain about the next direction. While some fear a potential correction, many analysts remain confident that the uptrend is still intact, pointing to strong support levels and on-chain indicators backing the bullish case. Despite recent fluctuations, Bitcoin contin...