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BTCUSD | NVT Indicator Expressing Signs of a Market Top

1 768
Currently Bitcoin's monthly NVT (PE ratio) is heavily over extended. This indicator is historically accurate for indicating market tops.

Daily:
snapshot

Weekly:
snapshot
Trader6127
Beyond Technical AnalysisBitcoin (Cryptocurrency)bitcoinpeBTCBTCUSDCryptocurrencyEthereum (Cryptocurrency)Technical IndicatorsLitecoin (Cryptocurrency)NVTperatioTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisBitcoin (Cryptocurrency)bitcoinpeBTCBTCUSDCryptocurrencyEthereum (Cryptocurrency)Technical IndicatorsLitecoin (Cryptocurrency)NVTperatioTrend Analysis
Trader6127

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.