Rabbit Hole Recap - Bull vs Bear Edition
@MartyBent and I got @MustStopMurad into the studio this week to give you his short term bear thesis. We ended up betting a steak.https://anchor.fm/tales-from-the-crypt/episodes/Rabbit-Hole-Recap-Week-of-2018-10-08-Bull-v--Bear-e2c1ai …
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I think NVT fails as a predictive indicator because it relies on network value, which swings wildly based on bear vs. bull market conditions. I see what NVT is trying to do, but it would work better if network value trended more naturally upward vs. way up / way down
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Then you may be interested in this ratio which my partner and I have invented, which fits your description:https://blog.goodaudience.com/bitcoin-market-value-to-realized-value-mvrv-ratio-3ebc914dbaee?ref=tokendaily …
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Will definitely check it out. Thanks Murad
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