Skip to content
Back to Guavy Wire
Crypto

Bitcoin's MVRV Ratio Flashes Positive Signal, Echoing Previous Bull Markets

Instruments
BTC
Share

A closely watched on-chain valuation metric for Bitcoin has flashed a positive signal, echoing two previous bull markets. The MVRV Ratio, tracked by Glassnode, shows that momentum is turning positive after an extended period of negative readings.

The latest chart from Glassnode shows the MVRV Momentum Oscillator crossing back above its 365-day moving average. This indicator combines three pieces of information: Bitcoin's price, the MVRV Ratio, and the ratio's position relative to its 365-day average.

The important development is that MVRV momentum has moved back above its one-year baseline, producing a transition similar to those seen in 2019 and 2023. At these points, Bitcoin experienced major price expansions after a period of bearish market conditions.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc