Bitcoin NVT Golden Cross Gives Bottom Signal: What Happened Last 2 Times

Bitcoin NVT Golden Cross Gives Bottom Signal: What Happened Last 2 Times

On-chain data shows that the Bitcoin Network Value to Transactions (NVT) Golden Cross has dipped into the bottom region, which may be bullish for the asset’s price. Bitcoin NVT Golden Cross Has Seen A Sharp Decline Recently As an analyst in a CryptoQuant Quicktake post explained, the Bitcoin NVT Golden Cross is giving a bottom signal for the third time in 2024. The “NVT ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and transaction volume. When the value of this metric is high, it means the asset’s value (that is, the....


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On-chain data shows the Bitcoin NVT ratio is currently flashing a buy signal, a sign that the bottom for the asset’s price might now be in. Bitcoin NVT Golden Cross Is Showing A Green Signal As pointed out by an analyst in a CryptoQuant post, the Network Value to Transactions (NVT) Golden Cross has now dipped below the -2 mark. The “Network Value to Transactions (NVT) ratio” is an indicator that measures the ratio between the Bitcoin market cap and transaction volume (both denominated in USD). When the value of this metric is high, it means that the price of the asset....

Bitcoin Golden Cross “Is Official” According To Capital Manager

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Bitcoin technicals: Incoming ‘golden cross’ presents potential bottom for BTC...

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Bitcoin NVT Golden Cross Says BTC Is Close To Being “Overbought”

Bitcoin NVT golden cross has recently had values that would suggest the crypto may be close to being overbought right now. Bitcoin NVT Golden Cross Has A Positive Value Currently As pointed out by an analyst in a CryptoQuant post, the NVT golden cross has now hit its highest value since the last week of […]