Unrealised MVRV LTH Zscore MVRV LTH Zscore
Bitcoin
The Long-Term Holder MVRV Z-Score standardizes the Long-Term Holder MVRV into standard-deviation units around its historical mean.
Why it matters
It normalizes the Long-Term Holder MVRV so its extremes are directly comparable across every market cycle.
How it is built
The current Long-Term Holder MVRV value minus its long-run mean is divided by its standard deviation, giving a dimensionless oscillator centred on zero.
What to watch
High positive readings mark overvaluation and cycle-top risk; deeply negative readings mark undervaluation and accumulation zones.
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