Bitcoin MVRV Pricing Bands Show $73,726 Resistance With Potential Target at $140,229
Bitcoin traded around $71,626 on March 14, holding within the $70,000–$72,000 range as Glassnode's MVRV Pricing Bands identified a key resistance at $73,726, analyst Ali Martinez said in an X post. A decisive break above $73,726 could open a path toward the mean band at $95,894 and the +0.5 band at $118,062, while the +1.0 band at $140,229 represents an extreme overvaluation zone where profit-taking may trigger a pullback, Martinez noted. A rejection at $73,726 could see prices retreat toward the realized price near $54,703, implying a possible 25% decline. Bitcoin gained 0.81% over the past 24 hours as daily trading volume fell 59.36%, with weekly and monthly advances of 5.08% and 8.35%.