Bitcoin (BTC) Price Prediction: Dormant Coins Move, MVRV Ratio Signals Potential Entry Points

Bitcoin [BTC] has experienced a noteworthy shift in momentum after a steady decline last week brought its price as low as $94000.

Bitcoin [BTC] price has shown a remarkable shift in momentum after a steady decline last week brought its price as low as $94,000.

However, on the 10th of February, BTC began to recover, with its price climbing to above $97,000—a 2.3% increase over the previous day.

This upward movement brought some respite to Bitcoin holders after the recent price decline, and as the morning progressed, a deeper analysis of the network’s underlying metrics revealed a significant movement.

According to recent analysis by CryptoQuant, on the 10th of February, a large batch of dormant Bitcoin moved.

Approximately 14,000 BTC, which had been dormant for seven to ten years, were suddenly shifted on the network.

Importantly, these coins were not sent to exchanges, indicating that they were not intended for immediate liquidation.

The CryptoQuant analyst reporting this particularly noted:

“It’s important to note that the average acquisition price of these coins is quite low, which could influence the holders’ future decisions regarding potential sales.”

Bitcoin MVRV ratio and its implications

Moreover, the MVRV ratio also provided valuable insights into Bitcoin’s market health.

The MVRV (Market Value to Realized Value) ratio measures the market capitalization of Bitcoin against its realized value—the total value of all coins at the price they last moved on the blockchain.

This ratio can serve as an indicator of whether the asset is overvalued or undervalued at current price levels.

Recent data from CryptoQuant also highlighted a downward trend in Bitcoin’s MVRV ratio, which corresponds with its recent price declines.

Read Bitcoin’s [BTC] Price Prediction 2025–2026

On the 21st of January, the MVRV ratio was at 2.52, but following the drop in BTC’s market price, it had fallen to 2.23 as of the 9th of February.

Historically, when the MVRV ratio dips, it has signaled potential entry points for long-term investors. However, if the ratio continues to decline, it may indicate lingering market weakness or caution among investors.