NVT Shows Undervaluation of Network: Bitcoin (BTC) On-Chain Evaluation
Hackgame-tools.com takes a look at on-chain indicators, more specifically the NVT (Network Value to Transaction) in order to determine if the Bitcoin (BTC) network is properly valued. NVT is an on-chain indicator that measures the ratio between market capitalization and transaction volume. It was created by Willy Woo. A high indicator reading suggests that the
NUPL Reveals Signs of Bearish Pattern
MVRV Z-score MVRV is defined as the ratio between the market and realized capitalization levels. Values higher than one specify that the market cap is larger than the realized cap. The MVRV Z-score uses a standard deviation in order to normalize the values. On Jan 24, the indicator reached a value of 0.85. The low