Bitcoin Outlook Indicators: Today's On-chain, Sentiment and Flow Summary

Today's Bitcoin outlook summary: MVRV Z-score 0.71 ('Neutral', as of 2026-11-05), Fear & Greed Index 28 (Fear), BTC funding rate exchange average 4.9% APR ('Moderate').

As of 2026-11-06, Bitcoin dominance is 59.2%. Ethereum dominance is 10.6%, stablecoins (USDT+USDC) 9.7%, and total crypto market cap $2.56T.

The current Bitcoin block height is 974,781, with 75,219 blocks left until halving #5 (block 1,050,000). Based on the recent average block interval, the estimated halving date is 2028-04-28 (about 539 days away), when the block reward drops from 3.125 BTC to 1.5625 BTC. Progress through the current halving period is 64.2%.

As of 2026-11-05, the Bitcoin MVRV Z-score is 0.71, in the 'Neutral' zone by convention (below 0 undervalued, above 7 overheated).

No single indicator can call Bitcoin's direction. This page shows cycle position (MVRV Z-score, NUPL, 200-week moving average, realized price), market sentiment (Fear & Greed Index, funding rates), capital flows (US spot ETF net flows, exchange reserves, dominance) and mining (Hash Ribbon, Puell Multiple, halving) together, so you can check whether several indicators point the same way.

Values are recalculated daily (some hourly) from public data by Coin Metrics Community Data, alternative.me, TFTC, CoinGecko and mempool.space. With only about four cycles of history, they are not statistically validated trading signals but reference values for gauging the market phase.