$BTC MVRV Z-Score bottomed at 0.18 in this drawdown and never reached the oversold zone below 0.
Every past cycle low printed inside that zone. This one held above it.
Watch the oversold line, it's the signal that has marked the real bottoms.
Every past cycle low printed inside that zone. This one held above it.
Watch the oversold line, it's the signal that has marked the real bottoms.