At dawn on November 15, 2024, the NVT Golden Cross metric signaled a "local bottom."

🔍 What is NVT Golden Cross?

This indicator helps identify buy and sell zones in short-term trends. If the NVT GC exceeds 2.2, this may indicate an overheated price. If it falls below -1.6, it signals a possible local bottom.

📈 What happened after the signal?

Bitcoin rose by 3.18% in 18 hours. NVT GC is best seen as an area rather than an exact level, which could be an incremental buying opportunity.