Below fair value, coins moving to exchanges
Entered 2023-02-22 · exited 2023-03-13
Drivers, at the time
- MVRV1.2149 · 25th pct
- Net exchange flow (30d)19,638.6118
- Exchange reserve Δ (90d)-36,002.3232
- Realized volatility (30d)0.5001 · 27th pct
What the panel said at the time
Pre-snapshot: computed. This period entered before the daily Read snapshot began (2026-09-21) - the drivers above are the classifier's own recorded values for that day, computed after the fact from this same regime_transitions row, not a stored point-in-time Read.
What followed
| Horizon | BTC price change |
|---|---|
| 30d | +13.7% |
| 90d | +12.7% |
| 180d | +8.1% |
Description of the past, not a forecast.