Bearish signal for bitcoin!

almost 3 years ago

NVM - the model shows a strong "overestimation" for the second time. Last time the price fell from $ 60 thousand to $ 30 after a similar revaluation.

NMV is an indicator that calculates the ratio of the blockchain capitalization to its active addresses. The higher the value, the more "overheated" the market. And vice versa.

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1 comments

@jersteemit 67

almost 3 years ago

Great analysis. The bear really kicking hard. Hope the bull prevails soon after the dust settles

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