Bitcoin’s MVRV drops below 30th percentile after $87K rejection
Photo: Crypto Briefing
A cycle-adjusted valuation metric flagged by analyst Darkfost puts Bitcoin back in a zone historically linked to accumulation Bitcoin keeps knocking on the door at $87,000. The door keeps not opening. After repeated rejections near that level, a key on-chain valuation gauge has slipped below its 30th percentile. Crypto analyst Darkfost reported on October 18, 2026 that Bitcoin’s cycle-adjusted MVRV percentile had fallen to 25.7% , a reading tied to what has historically been accumulation territory.
Source: Crypto Briefing
