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... source: https://www.newsbtc.com/bitcoin-news/bitcoin-nvt-golden-cross-gives-bottom-2-times/