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