Bitcoin $BTC NVT Ratio Signals Top is In, But Didn't for Bottom

비트코인 (COINBASE:BTCUSD)

COINBASE:BTCUSD 비트코인

trendanalysis chartpattern indicator btcusd btc btcusdt nvt nvtsignal

Bitcoin NVT Ratio, an indicator commonly used to time the tops and bottoms of Bitcoin "bubbles" has signaled a top is in, and during my analysis, I realized it never signaled a bottom was in during the December 2018 bottom. However, I am not sure what this means, as the creator of the indicator is bullish while the indicator suggests more bearish price action ahead.

Short or long BTC tops and bottoms using PrimeXBT (ref):

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