BTC Valuation · BTC
As of 23 Aug 2026 · Explainable knowledge object · Not a trading signal
Confidence 100%On-Chain Valuation →
Bitcoin on-chain fairly valued (valuation tilt -0.8). 4/5 metrics in the value range, 0 expensive. MVRV-Z 0.81 = "Accumulation".
Factors
MVRV Z-Score→
0.81
weight 20% · contribution -1
Mayer Multiple→
1.12
weight 20%
Puell Multiple→
0.93
weight 20% · contribution -1
Price / Realized Price→
1.46
weight 20% · contribution -1
Price / Cost of Production→
1.27
weight 20% · contribution -1
Source & reproducibility
- Object: ko:btc_valuation:btc:2026-08-23
- Engine: btc-valuation-engine v1.0.0
- As of: 23 Aug 2026 · computed 2026-08-23
- Repro hash: sha256:dd1bea8a483a4bade…
- Inputs: 5 provenance references
This is a descriptive, explainable knowledge object for research and education — not financial advice and not a buy/sell signal. Figures describe the past and present; they do not predict the future.
← Bitcoin market stateUpdated 23 Aug 2026