CryptoQuant Analyst Yonsei_dent Says Bitcoin MVRV Falls to 1.19, Signaling Potential Accumulation Zone

A CryptoQuant analyst said Bitcoin’s MVRV ratio has declined to 1.19, a level near but slightly below its historical average, suggesting the asset may be moving into a potentially undervalued range. According to ChainCatcher, CryptoQuant analyst Yonsei_dent wrote that while a moving-average “death cross” indicates short-term pressure could persist, the setup may also be opening a medium- to long-term accumulation window. The report recommended that investors remain patient and use a disciplined dollar-cost averaging approach to build positions gradually in undervalued areas in preparation for the next market cycle.