Dossier
MVRV Z-Score
Coverage of MVRV Z-Score in the Nexus archive.
- Retail sentiment is screaming fear. On-chain smart money is doing the exact opposite. Here's the data.
Retail crypto sentiment remains extremely bearish with Fear & Greed Index below 22 and 68% bearish Twitter sentiment, while on-chain data shows smart money accumulation of 18,400 BTC over 14 days. Historical patterns of this retail fear-smart money divergence have led to 4/4 successful Bitcoin recoveries within 2-8 months.
- If all top indicators haven’t reached this cycle, why would the bottom indicators reach this year?
The article questions the expectation of hitting bottom market indicators this year, given that top indicators like Pi Cycle and MVRV Z-Score have not yet reached their euphoric peaks in the current cycle.