MVRV Z-Score — dispersion-normalised market-cap vs realised-cap spread.

Classic Glassnode-style cycle-top metric: `(MarketCap − RealizedCap) / stddev(MarketCap)`. Threshold 7.0 has flagged every Bitcoin cycle top (2013, 2017, 2021). Requires ≥ 60 daily samples of both cap series.

Query parameters

All query parameters are optional unless marked required.

Response shape

Always wrapped in the standard envelope. Nullable fields are explicitly marked — treat missing numeric data as a real data-source gap, not as an error.

// Wrapped in the standard envelope:
// {
//   data: /* shape below */,
//   meta?: { total?: number; limit?: number; offset?: number; ... }
// }

{
  asset: string;
  signal: CycleSignal | null;
}

Example

Copy the curl, replace YOUR_KEY with a real key from your dashboard, and run.

curl -sS "http://localhost:3000/api/v1/indicators/mvrv-z"

{
  "data": {
    "asset": "BTC",
    "signal": {
      "key": "mvrv-z",
      "name": "MVRV Z-Score",
      "state": { "status": "neutral", "current": 2.4, "threshold": 7.0, "score": 1 },
      "available": true,
      "sparkline": [2.1, 2.3, 2.4]
    }
  },
  "meta": { "total": 1, "asset": "BTC" }
}