BTC: Known-Basis MVRV — 180-Day Mean

Bitcoin Known-Basis MVRV — 180-Day Mean was 1.25 on 7 Nov 2026 (latest daily value).

The 180-day moving average of daily known-basis MVRV.

Why use it. The slow line of MVRV momentum: whether MVRV runs above or below its half-year average shows if unrealized profit is building or fading. How to read it. Compare daily MVRV with this line; a crossing marks a change in the valuation trend. Not a forecast.

Calculation. Arithmetic mean of the last 180 daily MVRV values, including the day shown; a missing day leaves its window empty. MVRV is the market value of spendable BTC with an admitted creation-day price divided by the summed creation-day cost of the same outputs; outputs with no admitted price are excluded. Calculated from our own validated Bitcoin Core node history; final once the closed UTC day has six confirmations. Daily closes are the accepted daily valuation prices: historical closes from The Bitcoin Time Machine (CC BY 4.0), then our own recorded Alternative.me quotes; they stay provisional and revisable.