Bitcoin Bullish Signal: NVT Ratio Suggests BTC Is Currently Undervalued (newsbtc)

Originally published at: https://www.channel-sea.cc/bitcoin-bullish-signal-nvt-ratio-suggests-btc-is-currently-undervalued-newsbtc/

On-chain data shows the Bitcoin NVT ratio currently has values that would suggest the crypto is undervalued at the moment. Bitcoin NVT Ratio Is Moving On A Downtrend Right Now As pointed by an analyst in a CryptoQuant post, the BTC NVT ratio currently has low values that would mean the coin is undervalued right…