NVT Dynamic
This is the dynamic version of my "Bitcoin Network Value to Transactions" indicator.
The dynamic NVT indicator is based on the Network Value to Transactions.
Definition:
NVT = Network Value / Daily Transaction Volume
Advantages:
Because BTC is a very young asset, it can be a good idea to have relatively high and low NVT values that change over time.
Signals:
When the NVT turns green = buy opportunity
NVT turns red = sell opportunity
This is the dynamic version of my "Bitcoin Network Value to Transactions" indicator.
The dynamic NVT indicator is based on the Network Value to Transactions.
Definition:
NVT = Network Value / Daily Transaction Volume
Advantages:
Because BTC is a very young asset, it can be a good idea to have relatively high and low NVT values that change over time.
Signals:
When the NVT turns green = buy opportunity
NVT turns red = sell opportunity