Bitcoin Indicator That Got All Three 2025 Tops Is Close To Flashing Again
2025-07-08 12:28:47
Main Idea
The Bitcoin Network Value to Transactions (NVT) Golden Cross is nearing a historical topping zone, indicating potential overbought conditions for Bitcoin.
Key Points
1. The Bitcoin NVT Golden Cross has surged close to the historical topping zone, with a current value of 1.98, nearing the 2.2 threshold.
2. The NVT Ratio compares Bitcoin's market cap to its transaction volume, indicating whether the cryptocurrency is overbought or undervalued.
3. Historically, the NVT Golden Cross staying above 2.2 for several days has signaled local tops for Bitcoin.
4. Bitcoin recently attempted a move toward its all-time high but faced resistance, with the NVT Golden Cross suggesting potential overheating.
5. The indicator's rapid growth trajectory in 2025 mirrors past patterns, raising caution about a possible local top.
Description
On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has surged close to the historical topping zone. Bitcoin NVT Golden Cross Is Currently Shooting Up In a CryptoQuant Quicktake post , an analyst has talked about the latest the trend in the Bitcoin NVT Golden Cross . The NVT Golden Cross is an indicator that’s based on an on-chain metric known as the NVT Ratio . The NVT Ratio tells us about how the market cap of the cryptocurrency compares against its transaction vol...
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