NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Data Shows Bitcoin Price Could Maximize Its Bull Momentum

Davit Babayan
Davit Babayan
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin price could be looking to extend its bullish momentum sentiment further, hinted Willy Woo’s indicator.

The market analyst shared a chart reflecting upon the asset’s price action’s relationship with its NVT Signal Ratio. In retrospective, NVT Signal Ratio stands for Network Value to Transactions Ratio. It defines the 90-Day moving average on daily transactional volume passing through the Bitcoin blockchain against its total market capitalization.

First introduced by Willy Woo, a cryptocurrency economy specialist, NVT Ratio gained adoption among the bitcoin analysts for its high relevance in spotting bubbles and buying opportunities.

So, when bitcoin moons, it attracts more traders, which leads to the rise in daily transactional volume on the Bitcoin blockchain. That includes both the selling and buying volume. Therefore, the underlying bitcoin market valuation could fluctuate either way despite the rise in daily transactional volume, which accordingly adjusts the NVT Signal Ratio. Here’s the mathematical representation:

NVTS = Network Value / 90d MA of Daily Transaction Value.

A high NVT Signal Ratio means that than the network is more expansive than the value it transmits – and vice versa.

Comparing NVT Signal with Bitcoin Price

Willy Woo clarified in one of its earlier articles that if NVT is higher than 150, then it is overbought, and when it is lower than 45, then it oversold. The latest price push prompted the bitcoin’s network value to go higher. And in response, the NVT went above 150 as well. That indicated a market top.

Willy Woo and crypto analysts David Puell and Murad Mahmudov found that NVT Signal Ratio, which was rising steadily since December, was near its support trendline break.

$BTC: NVT Signal with brand new @coinmetrics transaction volume data.

Tells a much clearer picture of the current state of affairs. Loving it.@woonomic, @MustStopMurad, and I have more on this later. pic.twitter.com/8WEt29eSab

— David Puell (@dpuellARK) April 4, 2019

What NewsBTC could gather from this tweet was that the NVT Signal could be in a for a correction in the medium-term. The signal’s historical performance showed that it had three depreciative spikes above 150 between 2013 and 2015, following which it corrected huge. As it recovered, the bitcoin price also established a bull run.

The April 2 bitcoin rally was signaling a similar scenario. The NVT Signal was in the final upside wave before it breaks the ascending trendline and falls lower towards 30-40 range. But eventually, an NVT correction could ensure a bull run.

Implies a pullback before transaction volume finally spikes, followed by a confirmed bull run.

We'll see.

— David Puell (@dpuellARK) April 4, 2019

That does not necessarily mean that NVT was directly proportional to the bitcoin price all the time. In 2018’s crash, the NVT ratio went up against a falling bitcoin rate. It merely indicated that there was more transactional volume passing through the bitcoin’s blockchain than its valuation.

“Being in the overbought zone doesn’t tell us exactly when the market is about to pop. However, by adding support trendlines on the signal, we can call the tops quite accurately,” clarified Willy Woo.

Following November 2018, the NVT and bitcoin price was mirroring each others’ moves.

Criticism

There were claims that Willy Woo failed to predict an interim upside scenario for bitcoin and that it was hinting a price crash before the April 2 spike appeared – based on the same metrics discussed above.

“I’ve been following your group and I’ve given your ideas weight in my own predictive models,” said a Twitterati. “But your short-term and short-medium term ideas seem to have been caught unawares by this recent run to $5000.”

Tweet123Share272ShareSend
Davit Babayan
Davit Babayan

Davit Babayan

Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, "A Homeless Who Found Bitcoin."

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum Price Stuck At $2,500: Analyst Says Don’t Trade Until This Happens

The Ethereum price is currently locked in a narrow trading range of around $2,500, with momentum stalling despite the market’s...

Scott Matherson 6 hours ago

What FunToken movement towards a 500% spike says about the scarcity market psychology

FUNToken made an almost historic announcement on June 19, 2025, wherein the company announced a fixed tokenomics, with its supply...

News BTC 7 hours ago
Bitcoin

Bitcoin Investor Sentiment Back To ‘Very Bullish’ — What This Means

The Bitcoin price action was largely sideways rather than strongly bullish for most of June. As of early July, the...

Opeyemi Sule 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Litecoin

Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack?

Godspower Owie Just now
XRP

Pundit Predicts XRP Price Will Surge 35,000% When These Two Things Happen

Scott Matherson 1 hour ago
crypto

Crypto Market Cap On Track To $4.5 Trillion As Q3 Unfolds – Details

Semilore Faleti 4 hours ago

Premium Sponsors

Press Releases

  • XRP Cryptocurrency × Dogecoin Mining: HASHJ launches...

    2 hours ago
  • Koja kriptovaluta ima veći potencijal za stvaranje milijunaša XRP ili Shiba Inu

    Koja kriptovaluta ima veći potencijal za stvaranje...

    6 hours ago
  • 3 altcoina koje vrijedi pratiti u prvom tjednu srpnja 2025

    6 hours ago
  • XRP Bulls Are Soaring — FINDMINING Rides the Wave to...

    13 hours ago
  • $AIN Expands to 7 DEXs as AI Network Activates Omnichain AI...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.