Bitcoin Short-Term Holder MVRV Ratio Insights: Key Selling Pressure Levels to Watch in June

On May 15, COINOTAG reported insights from CryptoQuant analyst Axel regarding the current status of the Bitcoin **Short-Term Holder** (STH) **Market Value to Realized Value** (MVRV) ratio, which stands at **1.09**. This indicator is critical for assessing market dynamics, with significant selling pressure anticipated near the threshold of **1.25**, translating to a target price of approximately **$11.8K**. A more robust selling trend could potentially materialize at an MVRV of **1.35**, correlating with an estimated price of **$12.8K**. Projections indicate that, based on the prevailing daily growth metrics, the STH MVRV could achieve **1.25** in early June, with the possibility of hitting **1.35** by the end of that month. Investors are advised to monitor these levels closely, as they may influence **market sentiment** and trading strategies. Source: https://en.coinotag.com/breakingnews/bitcoin-short-term-holder-mvrv-ratio-insights-key-selling-pressure-levels-to-watch-in-june/