Bitcoin Undervalued? Wildean Whimsy Hints at a Sneaky Rally

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Bitcoin’s MVRV ratio has, with the restraint of a properly dressed belle, fallen to 1.1, nudging the coin toward the undervalued precinct not haunted by fashion since 2020. CryptoQuant analyst DanCoinInvestor, a name that sounds like a subsidy for your curiosity, notes that BTC stands merely a breath from a threshold that has, in every prior cycle, summoned a grand rally to theatrical life.

When the MVRV slips below the tyranny of 1, Bitcoin becomes the darling of undervaluation-a notion as stylish as a velvet smoking jacket on a very brave dog. The last triad of occasions-2015, 2019, 2020-were followed by recoveries that pirouetted onto stage within months. Bitcoin has been descending for four months, since its all-time aria peaked near $126,000 in October 2025.

This Cycle Has Forged Its Own Script

Here is the twist that lends piquancy to the chronicle. DanCoinInvestor notes that Bitcoin never pranced into an overtly overvalued salon during the recent bull run, unlike its predecessors. That elegant absence changes the game.

If the peak wore its crown more meekly than tradition permits, the bottom may unfold in a fashion more surprising than a plot twist.

“The current decline may differ from past market bottoms, and one would do well to answer with that possibility in mind,” the analyst said.

Bitcoin Registers $2.3B in Realized Losses

Separately, CryptoQuant sage IT Tech informs us that Bitcoin has amassed $2.3 billion in realized losses over a seven-day horizon, placing this retreat among Bitcoin’s most dramatic episodes-rivaling the Luna and FTX calamities of 2022. A boutique assortment of misfortune, indeed.

BTC is presently pirouetting around $68,283 after a flirtation with $60,000 earlier this month. CryptoQuant marks $55,000 as Bitcoin’s realized price, a threshold where bear markets have historically laid down their cloaks for the final time.

In prior seasons, BTC wandered roughly 24% to 30% below that mark before discovering a floor with the air of inevitability.

What Light Breaks Next for Bitcoin?

IT Tech warns that such savage losses have sometimes sparked rebounds, though relief rallies also tiptoe in during extended downturns-like uninvited guests who refuse to leave the party. Nick Ruck of LVRG Research suggests a potential support between $40,000 and $60,000, contingent on how conditions play out and the mood of the markets’ orchestra.

Ruck adds that confirming a true bottom would require a sustained chorus of institutional buyers or miners finding equilibrium beyond the current parade of distressed selling.

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2026-02-13 18:57