NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity

Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down

Keshav Verma
Keshav Verma
Last Updated: February 18, 2025 6:00 am
2 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The on-chain analytics firm Glassnode has revealed where the next Bitcoin support level could be based on different pricing models.

Bitcoin Is Currently Retesting 1-Year MVRV Z-Score Mean

In a new post on X, the on-chain analytics firm Glassnode has discussed about how BTC has been looking on a couple of pricing models recently. The first of these models is based on the Market Value to Realized Value (MVRV) Z-Score, which compares the market cap of Bitcoin with its realized cap and applies a standard deviation test to pull out the extremes.

Related Reading

Bitcoin

Bitcoin Finally Independent? BTC-S&P 500 Correlation Hits Zero

8 months ago

The “realized cap” here refers to an on-chain indicator that basically keeps track of the total amount of capital that the holders as a whole have invested into BTC.

As the market cap represents the value that the investors are holding in the present, its comparison against this initial investment in the MVRV Z-Score provides information about the profitability of the userbase.

Now, here is the model shared by the analytics firm, that uses the mean and two standard deviations (SDs) of the 1-year MVRV Z-Score to define Bitcoin price levels:

Bitcoin MVRV Z-Score
Looks like the price of the coin is retesting the middle level of the model | Source: Glassnode on X

As displayed in the above graph, the mean of the MVRV Z-Score is situated at $96,300 right now. Bitcoin’s spot price has been trading around this mark recently, which suggests the MVRV Z-Score has been equal to its 1-year mean.

So far, BTC has managed to recover back above this mean level each time it has plunged under it recently, but if the line ends up failing, the cryptocurrency might have to search for support elsewhere.

From the chart, it’s visible that the next support level in this model is currently at $80,100. At this price, the 1-year MVRV Z-Score would be -1.5 SD away from its mean.

Related Reading

Toncoin

Toncoin (TON) Investors Sitting On 54% Profit Despite Price Plunge

8 months ago

This isn’t actually the next major on-chain support level that Bitcoin can rely on, however, as this second model shared by the analytics firm has a historically significant line that’s closer.

Bitcoin Short-Term Holder Cost Basis
The trend in the BTC short-term holder realized price over the last year or so | Source: Glassnode on X

In the above graph, the average cost basis (formally called the realized price) of the Bitcoin short-term holders is shown. The “short-term holders” (STHs) refer to BTC investors who purchased their coins within the past 155 days.

The realized price of the STHs has often acted as an important support boundary during bullish periods. At present, this level is equivalent to $92,000. As such, before BTC can retest the lower MVRV Z-Score pricing band, it will have to go through this line.

BTC Price

Bitcoin appears to have declined under the 1-year MVRV Z-Score mean today as its price is now trading around $95,400. It remains to be seen whether this is only a temporary deviation or not.

Bitcoin Price Chart
The price of the coin seems to have gone down over the past day | Source: BTCUSDT on TradingView
Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Extends Decline

Here Are The Bitcoin Whales That Have Been Dumping BTC And Crashing The Price

Bitcoin’s price struggled to regain momentum last week, hovering just above the $100,000 threshold after a turbulent start to November....

Sandra White 6 hours ago
Why is bitcoin up today

Why Is Bitcoin Up Today? Key Reasons Explained

Bitcoin pushed sharply higher in early European trade on Monday, November 10, 2025, briefly reclaiming the $106,000 handle after a...

Jake Simmons 7 hours ago
Bitcoin Price Attempts Rebound

Bitcoin Price Attempts Rebound After Sell-Off, Can Bulls Sustain Move?

Bitcoin price is attempting to recover above $103,500. BTC could continue to move up if it clears the $106,500 resistance...

Aayush Jindal 13 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Ethereum price prediction

Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again?

Sandra White 1 hour ago
Trump

Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value

Christian Encila 1 hour ago
altcoins σε ανάκαμψη

Altcoins σε ανάκαμψη | Το Bitcoin Hyper κοντά στα $27 εκατ. καθώς ο Michael Saylor αφήνει υπαινιγμούς για νέα αγορά Bitcoin

Ιωάννης Ριζόπουλος 4 hours ago

Premium Sponsors

Press Releases

  • Triển Vọng Giá XRP Khi Quỹ ETF Chuẩn Bị Ra...

    1 hour ago
  • Best Meme Coins To Buy

    Các Meme Coin Tiềm Năng Nên Mua Khi Thị Trường...

    2 hours ago
  • pepe price prediction

    Các Đồng Coin Tiềm Năng Đang Nổi Bật Khi Giá...

    2 hours ago
  • Analyst Says FARTCOIN Could Climb 95%

    Các Altcoin Hàng Đầu Nên Mua Ngay: Nhà Giao Dịch...

    2 hours ago
  • 仮想通貨おすすめ:2025年に注目すべき新興トークンと主要仮想通貨の動向

    ...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.