Bitcoin's MVRV Z-Score has not yet entered the historical green zone, indicating that a price bottom may not have been reached. According to crypto researcher anıl, historical data suggests Bitcoin typically hits its price low when the MVRV Z-Score falls below 0, especially under -0.20. In the current cycle, the lowest Z-Score recorded was +0.26, suggesting the classic green zone has not been tested. Historically, the Z-Score has entered negative territory in every major cycle, and a return to this range could present a significant medium- to long-term investment opportunity for Bitcoin.