i had to take a look...
it was 39,000 on March 4, 2022.
then it jumped to 46,000 by April 1...
before grinding all the way down to 16,000 by november 2022...!
yikes
To be fair, Terra Luna and FTX happened.
But on the other hand, MVRV Z-Score hasn't dipped below zero yet, and that's happened EVERY single bear market before the new bull run begins.
But on the other hand, MVRV Z-Score hasn't dipped below zero yet, and that's happened EVERY single bear market before the new bull run begins.