From Investing.com

February 17, 2025 3:30:20 pm:

A key Bitcoin (BTC) indicator suggests sustained demand for the cryptocurrency. The indicator, called the MVRV Z-Score, is showing a bullish trend. This metric compares the market value of Bitcoin to its realized value, indicating whether it is overvalued or undervalued. Current readings indicate strong buying pressure and potential price appreciation.

Read more at Investing.com: This Bitcoin (BTC) Indicator Teases Sustained Demand: Details