Bitcoin MVRV Momentum death cross is a bearish signal on the MVRV Momentum indicator that suggests macro momentum may be shifting from positive to negative for Bitcoin; this could increase downside pressure unless price closes weekly above the $109,000–$112,000 support zone.
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Death cross on MVRV Momentum indicates macro momentum reversal
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Short-term support sits at $109,000–$112,000; hold here to reduce downside risk
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On-chain data shows accumulation between $93,000–$110,000; resistances at $113,600 and $115,600
Meta description: Bitcoin MVRV Momentum death cross signals potential macro momentum shift for Bitcoin price—learn key supports, resistances and next steps. Read now.
By COINOTAG · ·
What is the Bitcoin MVRV Momentum death cross?
The Bitcoin MVRV Momentum death cross is a technical formation where the short-term moving average of the MVRV Momentum indicator crosses below its long-term moving average, signaling a shift from positive to negative market momentum. The indicator compares market cap to realized cap to highlight valuation pressure.
How did analysts describe the signal?
Crypto analyst Ali described the event as a macro momentum reversal: “A recent death cross in the Bitcoin (BTC) MVRV Momentum indicator signals a macro momentum reversal from positive to negative.” This comment frames the indicator as a broad momentum gauge rather than a short-term price timing tool.
How does this death cross affect Bitcoin price in the short term?
Front-loaded for clarity: the death cross raises the probability of extended downside pressure unless Bitcoin secures a weekly close above the $109,000–$112,000 zone. Bitcoin touched a short-term low near $108,670 before a rebound to $113,364 intraday and currently trades near $112,850.
What on-chain data supports near-term levels?
On-chain analytics providers highlight critical zones without linking externally: CryptoQuant marks $109,000–$112,000 as key short-term support. Glassnode notes an accumulation area between $93,000 and $110,000 that could act as a value floor. Immediate resistances flagged by on-chain flows are $113,600 and $115,600.
Why does MVRV Momentum matter?
MVRV Momentum measures market cap relative to realized cap to surface valuation-driven momentum. When momentum shifts lower, it often coincides with periods where long-term holders reduce net unrealized gains and shorter-term traders capitulate, increasing volatility and downside risk.
What should traders and investors watch?
- Weekly close: A weekly close above $112,000 would reduce immediate bearish risk.
- Volume and flows: Look for declining selling pressure and increased accumulation on-chain.
- On-chain zones: The $93,000–$110,000 accumulation band may provide structural support for patient buyers.
Frequently Asked Questions
How reliable is the MVRV Momentum death cross for predicting price drops?
The MVRV Momentum death cross is a useful macro momentum indicator but not a short-term timing tool. It increases probability of further downside, especially if accompanied by rising exchange flows and declining accumulation, but outcomes depend on price action and macro liquidity conditions.
Where are the most likely resistance levels if Bitcoin rebounds?
On-chain data highlights resistance near $113,600 and $115,600. These levels have historically coincided with clusters of realized holdings and may cap rebounds until momentum and flows improve.
Key Takeaways
- MVRV Momentum death cross: Signals a macro momentum shift from positive to negative.
- Critical support: $109,000–$112,000—weekly close above reduces bearish risk.
- Accumulation band: $93,000–$110,000 may act as a structural floor for longer-term investors.
Conclusion
The Bitcoin MVRV Momentum death cross represents a meaningful macro indicator suggesting momentum has shifted lower. Short-term risk increases while key support between $109,000 and $112,000 remains decisive. Traders should combine on-chain signals, weekly closes and disciplined risk management. COINOTAG will monitor developments and update this report as new on-chain data and price action evolve.