Bitcoin’s MVRV Z-Score suggests undervaluation

Onchain Highlights DEFINITION:The MVRV Z-Score evaluates whether BTC is overvalued or undervalued relative to its “fair value”. Instead of using a traditional z-score method, the MVRV Z-Score uniquely compares the market value to the realized value. When the market value, measured as network valuation by spot price multiplied by supply, is significantly higher than the […] source: https://cryptoslate.com/insights/bitcoins-mvrv-z-score-suggests-undervaluation/