bitcoin is at its most oversold levels in history - Bitcoin Reaches Historic Oversold Levels, Signals Potential Reversal

Bitcoin (BTC) has reached its most oversold condition ever, according to the 2-year MVRV Z-Score, marking a historic low. Analyst Micha?l van de Poppe highlights that this reading surpasses the oversold levels seen during the 2018 market bottom and the 2022 FTX collapse. Despite Bitcoin's price staying above previous bear market lows, this extreme undervaluation could indicate a potential trend reversal, reminiscent of past major cycle shifts.
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