- The −1.0 MVRV band has aligned with Bitcoin’s macro bottoms across multiple bear market cycles.
- Current data places this statistical undervaluation zone near $52,040 as a potential support area.
- On-chain metrics show repeated transitions from capitulation to accumulation near this band.
The Bitcoin MVRV Pricing Band is a widely observed on-chain metric for identifying historical market extremes. Current readings are at −1.0 deviation level near $52,040. This zone has coincided with prior bear market bottoms and accumulation phases.
Historical Role of the −1.0 MVRV Band
The Bitcoin MVRV Pricing Band has repeatedly aligned with long-term cycle lows during extended market downturns. In past bear markets, price compression into the −1.0 deviation zone reflected broad capitulation and elevated unrealized losses across holders.
During the 2015 cycle, Bitcoin traded near this band following the Mt. Gox collapse and prolonged distribution. Market activity showed reduced sell pressure and steady transfer of coins toward long-term participants.
Price later transitioned into a sustained expansion phase. A similar pattern emerged in the 2018–2019 period after the ICO-driven bubble unwind.
$52K is a magnet https://t.co/eS6x7u16ZB
— Ali Charts (@alicharts) February 11, 2026
Bitcoin retraced more than 80 percent and stabilized near the same statistical boundary. Analysts on X later described this zone as a region of maximum pessimism and structural exhaustion.
Psychological and On-Chain Dynamics
When the price reaches the −1.0 MVRV band, the aggregate holder cost basis exceeds the market value by a full deviation. This condition reflects widespread unrealized losses and declining speculative activity.
It also signals a shift in market behavior from distribution to consolidation. On-chain data during previous visits to this band showed coins moving from short-term holders to long-term wallets.
I believe the $BTC journey resets once more.
Would you be ok anon?
Bear market are the best opportunities to accumulate. https://t.co/0MO5xCDLzz pic.twitter.com/46JghMcBbn
— Hardy (@Degen_Hardy) February 11, 2026
Such transitions coincided with falling volatility and lower realized selling pressure. These changes marked a period where supply became increasingly illiquid.
Over time, this environment has preceded stabilization rather than prolonged breakdowns.
Current Position Near $52,040
The present −1.0 level of the Bitcoin MVRV Pricing Band stands at approximately $52,040. This value represents the statistical lower boundary of historical price compression based on realized value distribution.
Previous cycles showed a limited duration of sustained trading below this threshold. If the price approaches this region, unrealized losses would likely rise among short-term participants.
Past data indicate that such moments coincide with reduced marginal selling and increased absorption by longer-term holders. Volatility has also tended to compress following these phases.
Across multiple cycles, the Bitcoin MVRV Pricing Band has defined a transition from capitulation to accumulation. The current positioning near $52,040 continues that historical pattern.
Data from prior downturns shows this zone aligning with exhaustion of sellers and renewed structural stability.
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Cryptocurrency Asset Overview
BTC (+0.14% | Current Price: 65,495 USDT)
BTC has continued its weak sideways movement over the past 24 hours. After multiple failed rebounds, it accelerated downward, with the low retreating to around $65,230. It then slightly stabilized and recovered, currently trading within a narrow range of $65,400–$65,600. Overall, the rebound momentum is insufficient, and market sentiment remains cautious. Technically, the short-term moving averages are turning downward, with MA5 and MA10 crossing below and suppressing the price. MA30 is still in a downtrend, indicating a short-term weak pattern. The key support levels are at $65,200–$65,000; if broken, further testing of lower levels is possible. Resistance is at the $66,200–$66,500 range. Until this area is reclaimed, the trend is likely to remain weak and oscillate sideways.
ETH
GateResearch32m ago
