<ul data-eligibleForWebStory="true">Bitcoin's MVRV Z-Score is approaching a crucial resistance trendline, historically indicating cycle tops.The MVRV Z-Score measures BTC's market value deviation from realized value, guiding market overheating and undervaluation.Historically, the MVRV Z-Score has been reliable in identifying market tops and bottoms.Bitcoin is nearing a key resistance level that could determine the rest of the 2025 cycle.Previous cycles saw Bitcoin either breaking through or getting capped by this resistance level.A breakout above the MVRV trendline could signal strong cycle strength, while a rejection may indicate exhaustion.Alphractal advises vigilance as this moment could define Bitcoin's trajectory in the coming weeks.