Bitcoin NVT Enters Reversal Zone: BTC Dangerously Overvalued?

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has surged into a zone that has historically signaled overpriced conditions for the asset. Bitcoin NVT Golden Cross Has Crossed Above 2.2 In a new NVT Golden Cross of Bitcoin. The NVT Golden Cross is an indicator based on another metric known as… Continue reading Bitcoin NVT Enters Reversal Zone: BTC Dangerously Overvalued?

Bitcoin Not ‘Overvalued’ Yet, Says CryptoQuant CEO: Here’s Why

The CEO of the on-chain analytics firm CryptoQuant explained that Bitcoin’s price isn’t currently overvalued based on its network fundamentals. Bitcoin Price May Not Be Overvalued Yet Based On Thermo Cap Ratio In a new Thermo Cap” is a capitalization model for BTC that calculates the total value of the asset by taking each token’s… Continue reading Bitcoin Not ‘Overvalued’ Yet, Says CryptoQuant CEO: Here’s Why