MVRV Z-Score
A chart showing Bitcoin's historical MVRV-z score.
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Bitcoin MVRV Bands
Data & charts updated every hour
Price update
27 minutes ago
UTXO update
27 minutes ago
MVRV Bands Explained
This chart plots MVRV (price divided by realized price) against 3-month rolling standard-deviation bands (90-day window).
The dashed lines show the 3-month rolling mean, mean minus 0.5 standard deviations, and mean plus 1 and 1.5 standard deviations. Green bars indicate MVRV above 1 (price above realized price); red bars indicate MVRV below 1.
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Realized price is the realized market cap divided by total amount of generated coins.
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