BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Using this as a test. Interesting.
Great Analysis, which factors is NVT based upon, volume, price? Thanks.
+2 Reply
WhaleBearMan PainKillers756
@PainKillers756, Quoted from the website - "Bitcoin's NVT is calculated by dividing the Network Value (market cap) by the the daily USD volume transmitted through the blockchain. Note that this is the equivalent of the bitcoin token supply divided by the daily BTC value transmitted through the blockchain. Thus it is technically an expression of inverse monetary velocity." http://charts.woobull.com/bitcoin-nvt-ratio/
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Unikolo WhaleBearMan
@WhaleBearMan, Hello Dear.
Do you know where can get the open source code of this indecator?
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@Uniko, Ask this person.
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PainKillers756 WhaleBearMan
@WhaleBearMan, Great analysis. Thanks for sharing, may I have a try on this NVT indicator please? Thanks.
+2 Reply
PainKillers756 WhaleBearMan
@WhaleBearMan, I find it, thanks.
+1 Reply
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