Bitcoin’s Short-Term Holder MVRV score has dipped to 1.05, suggesting holders are still profit but are at risk. The $92,000 support level is crucial, and falling below this may initiate selling pressure, signaling a negative shift in market sentiment.

Despite institutional investments, such as from MicroStrategy and BlackRock, Bitcoin’s price faces downward pressure. Increased selling could occur if the MVRV score falls below 1, as this implies short-term holders may incur losses.