Data Shows Bitcoin Price Could Maximize Its Bull Momentum

Bitcoin price could be looking to extend its bullish momentum sentiment further, hinted Willy Woo’s indicator.
The market analyst shared a chart reflecting upon the asset’s price action’s relationship with its NVT Signal Ratio. In retrospective, NVT Signal Ratio stands for Network Value to Transactions Ratio. It defines the 90-Day moving average on daily transactional volume passing through the Bitcoin blockchain against its total market capitalization.
First introduced by Will