BTC: MVRV Gradient Oscillators

Shown as its 2019–2022 sample; the latest readings and full history are included with Plus.

How far MVRV sits above or below its own moving averages of the last 30, 90, 180 and 360 days: four momentum oscillators of the same ratio.

Why use it. The gap between a ratio and its average shows whether valuation is accelerating or fading, and comparing the four windows separates short swings from the cycle's trend. How to read it. Above 0 the ratio is above its average for that window (momentum up), below 0 under it. When all four agree, the move is broad. The oscillators describe momentum, not where the price goes next.

Calculation. Each line: the day's MVRV − the mean of its last N daily values, N = 30, 90, 180 and 360. Calculated from our own validated Bitcoin Core node history at the accepted daily closes.