Bitcoin $BTC NVT Ratio Signals Top is In, But Didn't for Bottom

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin NVT Ratio, an indicator commonly used to time the tops and bottoms of Bitcoin "bubbles" has signaled a top is in, and during my analysis, I realized it never signaled a bottom was in during the December 2018 bottom. However, I am not sure what this means, as the creator of the indicator is bullish while the indicator suggests more bearish price action ahead.

Short or long BTC tops and bottoms using PrimeXBT (ref):


Willy even said this thing isn't right anymore. Too many sidechains....
+1 Reply
Great nvt analysis, i follow you !
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