NewsBTC
Feb 7, 2026
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BEARISH 📉 : Bitcoin MVRV data indicates market stress and potential recovery

The Bitcoin price experienced significant bearish pressure, dropping from $84,000 to approximately $60,000 before recovering to $70,000. A recent on-chain evaluation suggests potential for price rebound.

MVRV Data Analysis

  • According to CryptoQuant, the MVRV (Market Value to Realized Value) metric is within the 0-10% percentile, indicating a historically low valuation for Bitcoin in this cycle.
  • This low MVRV level suggests that most Bitcoin holders have minimal unrealized profits or losses.
  • Periods of extreme stress, indicated by low MVRV, often precede bullish recoveries.
  • Transitions out of the 0–10% MVRV range have historically led to price stabilization and upward movement.

Bitcoin

Bitcoin Price Overview

  • Bitcoin is trading at approximately $67,855.
  • The price has recovered over 4.00% in the past 24 hours.
  • Daily trading volume decreased by 38.16%, valued at $88.37 billion.