Bitcoin is presenting investors with a historic dip opportunity.

Recently, the price movements of Bitcoin (BTC) have attracted investors' attention. The MVRV, which is the ratio of Bitcoin's market value to its realized value, has fallen below its 365-day average, signaling a historically significant buying zone. This ratio is a critical on-chain indicator that helps investors assess their profitability situation.

According to a CryptoQuant analyst, the current MVRV ratio is at 1.9, indicating that the price is pointing towards historically low levels. In the past, every time the MVRV ratio dropped below this level, Bitcoin's price was observed to form a local bottom and then entered an upward trend. This could paint an optimistic picture for investors.

Particularly, the current MVRV ratio shows similarities with the dip formations in mid-2021, June 2022, and early 2024, which may encourage investors to restart buying. According to the analyst, the MVRV remaining below average indicates that short-term speculation in the market has decreased and long-term investors are entering the accumulation phase. This situation carries significant growth potential for the future of the market.

Moreover, the CryptoQuant analyst emphasizes that the current MVRV level technically overlaps with the institutional demand zone, suggesting that declines can now be viewed as an oversold area. If the MVRV ratio makes an upward reversal from current levels, this could validate that the last selling wave was a cyclical bottom and could herald a new bullish momentum in the last quarter of the year.

Investors should pay attention to the market dynamics of Bitcoin and the potential upward trends of the MVRV ratio. Historical data suggests that Bitcoin's price could embark on a new bull run at these levels.