Bitcoin (BTC) Signals Recovery: Analysts Highlight Positive MVRV Trend as Holder Confidence Grows

The latest insights from CryptoQuant reveal that Bitcoin’s annualized Realized MVRV (Market Value/Realized Value Ratio) has surged back into positive territory as of May 2nd. This significant shift indicates that the average acquisition cost for Bitcoin over the past year is now below its current market valuation. As a result, panic selling pressure has notably eased, with a substantial majority of holders now positioned in profit, alleviating the need for any forced exits at a loss. This enhanced holder sentiment signals a strengthening confidence in the market. Such an “inflection point transition” aligns with the recent recovery phase, hinting at the onset of a more sustainable price growth cycle. Analysts suggest that this trend will continue until speculative premiums reach an elevated level, at which point holders may opt to realize their accrued profits.