I posted this Bitcoin Daily MVRV Fib retracement chart the other day and, interestingly, Look at that.

Rejected off the 382 retrace fib line.

What is MVRV ?

MVRV (market-value-to-realized-value) is a ratio of an asset's Market Capitalization versus its Realized Capitalization. By comparing these two metrics, MVRV can be used to get a sense of when price is above or below "fair value", and to assess market profitability.

Bitcoin is still relatively underpriced. but sailing into headwinds currently