This Bitcoin Value Chart Tells You If It’s a Bubble or Not

What investors need is a Bitcoin value chart that can tell them when the cryptocurrency has ventured into bubble territory and when it's just going through a consolidation. Such a chart exists, the creation of independent cryptocurrency researcher Willy Woo. By dividing Bitcoin's market cap by its daily transaction value, he's created what he calls the NVT ratio - a tool to measure whether the Bitcoin price is too high, too low, or fairly valued. Here's what the NVT ratio is telling us about the price of Bitcoin now... Tags: bitcoin price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This Bitcoin Value Chart Tells You If It’s a Bubble or Not appeared first on Money Morning - We Make Investing Profitable .
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