Why NVT Matters

[johnblockbuster]

The Network Value to Transactions Golden Cross (NVT-GC) is once again in the spotlight. This tool compares Bitcoin’s market cap to onchain transaction volumes to help identify overheated or undervalued conditions.

Negative readings (below -1.6) have consistently preceded rallies.

High readings (above 2.2) often hint at bearish reversals.

Today’s level is at 0.3, showing neither bubble territory nor heavy undervaluation — but a balanced, bullish uptrend.

CryptoQuant analyst Pelin Ay summarized: “Bitcoin is not yet in bubble territory. There is still room for price expansion.”

Historically, every dip into the “long” zone led to strong rallies, most recently in mid-2024. With BTC holding above $115K, traders are watching closely for the next breakout.

[jacson4]

Balanced zone = bullish continuation. History shows BTC rallies hard after NVT-GC dips like this.

[Nahid10]

0.3 looks healthy. Not overheated, not undervalued — just steady momentum building.