<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>bitcoin on WONJOON.LOG</title><link>https://wnjoon.github.io/tags/bitcoin/</link><description>Recent content in bitcoin on WONJOON.LOG</description><generator>Hugo -- gohugo.io</generator><language>en-us</language><lastBuildDate>Wed, 22 Jul 2026 00:00:00 +0000</lastBuildDate><atom:link href="https://wnjoon.github.io/tags/bitcoin/index.xml" rel="self" type="application/rss+xml"/><item><title>How Can We Tell Whether Bitcoin Is Cheap or Expensive? Understanding MVRV</title><link>https://wnjoon.github.io/understanding-mvrv/</link><pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate><guid>https://wnjoon.github.io/understanding-mvrv/</guid><description>MVRV compares Bitcoin&amp;rsquo;s current market value with the market&amp;rsquo;s aggregate cost basis estimated from on-chain data. This post explains the difference between MVRV and the MVRV Z-Score, how they are calculated and interpreted, where to find them, and how to use them together with ETF fund flows.</description></item></channel></rss>