Bitcoin ‘enters value zone’ as BTC price floor metric goes green again

Bitcoin (BTC) has just reentered a key price zone, which has signaled the beginning of the end for bear phases, data confirms.

In a tweet on Jan. 24, Charles Edwards, founder of crypto investment firm Capriole, flagged Bitcoin’s network value to transaction (NVT) ratio metric as it delivered a new and rare “oversold” signal.

NVT says it’s reversal time

Bitcoin price losses accelerated over the weekend, with the market not far off a retest of the seminal $30,000 mark prior to Monday’s…

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