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![CointelegraphMT Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1235232128096301056.png) Cointelegraph Markets & Research [@CointelegraphMT](/creator/twitter/CointelegraphMT) on x 45.1K followers
Created: 2025-07-13 20:30:00 UTC

🚨 $BTC Nears $120K — But Is It Overheated?

MVRV Z-Score says not even close. The key onchain metric isn’t in the overbought zone yet — even as price flirts with new highs.

📊 Historically, when MVRV stays cool while price climbs, bigger rallies follow.

🎯 $150K next? The data’s not screaming “top,” it’s whispering “room to run.”

#Bitcoin #BTC #Crypto #OnChainAnalysis #Glassnode

![](https://pbs.twimg.com/media/Gvw5clVWQAAMjAp.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944494542021157175/c:line.svg)

**Related Topics**
[#crypto](/topic/#crypto)
[#btc](/topic/#btc)
[#bitcoin](/topic/#bitcoin)
[$150k](/topic/$150k)
[onchain](/topic/onchain)
[$120k](/topic/$120k)
[$btc](/topic/$btc)
[cointelegraph](/topic/cointelegraph)

[Post Link](https://x.com/CointelegraphMT/status/1944494542021157175)