{"id":9969,"date":"2026-02-14T05:11:07","date_gmt":"2026-02-14T05:11:07","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/bitcoin-flirts-with-undervalued-as-mvrv-slides-toward-1\/"},"modified":"2026-02-14T05:11:07","modified_gmt":"2026-02-14T05:11:07","slug":"bitcoin-flirts-with-undervalued-as-mvrv-slides-toward-1","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/bitcoin-flirts-with-undervalued-as-mvrv-slides-toward-1\/","title":{"rendered":"Bitcoin Flirts With \u2018Undervalued\u2019 As MVRV Slides Toward 1"},"content":{"rendered":"

Bitcoin is nearing a level on the MVRV ratio that historically lines up with market \u201cundervaluation,\u201d according to CryptoQuant contributor Crypto Dan, as traders look for signs that a four-month drawdown from October 2025\u2019s all-time high is shifting from distribution into accumulation.<\/p>\n

Is Bitcoin Undervalued?<\/h2>\n

In a post<\/a> on X, Korean Dan said Bitcoin is \u201capproaching the undervalued zone,\u201d arguing that the market is getting close to a threshold that has often marked compelling risk-reward for longer-horizon buyers.<\/p>\n

\u201cAfter reaching its all-time high in October 2025, Bitcoin has been declining for approximately 4 months and is now approaching the undervalued zone,\u201d he wrote. \u201cGenerally speaking, when the MVRV ratio falls below 1, Bitcoin is considered to be undervalued. The current value is around 1.1, which can be seen as being close to the undervalued zone.\u201d<\/p>\n

\"Bitcoin<\/p>\n

The MVRV framing matters because the metric has tended to compress toward 1 around prior cycle lows. The chart shared alongside the post shows the ratio at roughly 1.10, with earlier sub-1.0 dips highlighted around past bottoming windows.<\/p>\n

Crypto Dan cautioned that traders shouldn\u2019t assume the current setup will rhyme perfectly with prior drawdowns, specifically because the preceding advance looked different on valuation measures. \u201c<\/p>\n

However, unlike previous cycles, it is necessary to recognize that in this cycle, Bitcoin did not sharply rise all the way into the overvalued zone during the uptrend,\u201d he wrote. \u201cAccordingly, the pattern of the decline may also appear differently from the previous bottom zones, so it seems prudent to prepare for that possibility in our response.\u201d<\/p>\n

That caveat became the focal point of a short back-and-forth in replies. One user, onlyus8x, suggested that if Bitcoin reached this cycle\u2019s prior all-time high more than three times faster than before, the downturn could also resolve faster\u2014\u201cmight the winter also pass 3 times faster?\u201d<\/p>\n

Crypto Dan pushed back on a simple speed analogy, replying: \u201cBecause there are differences from your past, I personally set the criteria differently from past decline cycles by comprehensively judging these things as well.\u201d<\/p>\n

Mayer Multiple And The 200-Week MA<\/h2>\n

A separate post<\/a> from analyst Will Clemente pointed to two long-watched, price-based benchmarks that are also pressing into historically constructive ranges. \u201cThroughout Bitcoin’s life span we have seen two indicators continue to be the best global market bottom signals: The Mayer multiple (distance from 200 day moving average) and the 200 week moving average,\u201d Clemente wrote. \u201cBoth of these are clearly in long term accumulation territory.\u201d<\/p>\n

\"Bitcoin<\/p>\n

The charts he shared show a Mayer Multiple around 0.60, alongside a backtest table that flags prior instances when the indicator fell to roughly that level. The same image placed Bitcoin\u2019s 200-week moving average near $57,926, with Bitcoin shown about 15% above it and a note that it has \u201cnot yet touched\u201d that line in the current drawdown.<\/p>\n

At press time, BTC traded at $67,277.<\/p>\n

\"Bitcoin<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is nearing a level on the MVRV ratio that historically lines up with market \u201cundervaluation,\u201d according to CryptoQuant contributor Crypto Dan, as traders look for signs that a four-month drawdown from October 2025\u2019s all-time high is shifting from distribution into accumulation. Is Bitcoin Undervalued? In a post on X, Korean Dan said Bitcoin is…<\/p>\n","protected":false},"author":1,"featured_media":9970,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[65,726,111,108,73,112,113],"class_list":["post-9969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-mvrv","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=9969"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9970"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}