{"id":68989,"date":"2025-05-25T14:30:12","date_gmt":"2025-05-25T14:30:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=68989"},"modified":"2025-05-25T14:30:12","modified_gmt":"2025-05-25T14:30:12","slug":"bitcoin-advanced-nvt-shows-no-signs-of-slowing-bullish-momentum-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=68989","title":{"rendered":"Bitcoin Advanced NVT Shows No Signs Of Slowing Bullish Momentum \u2013 Details"},"content":{"rendered":"

On May 22, Bitcoin registered a new all-time high at $111,970.<\/a> Since then, market prices have retraced to around $108,000, largely influenced by macroeconomic pressures<\/a>. Following this development, prominent crypto analyst Burak Kesmeci backs the premier cryptocurrency to soon return and surpass this current all-time high, based on recent on-chain data.\n<\/p>\n

Bitcoin Advanced NVT Holds Above Key Level: Bullish Continuation Remains In Play<\/strong><\/h2>\n

The Advanced Network Value to Transactions (NVT) metric is an on-chain valuation model that compares Bitcoin\u2019s market cap to its daily USD transaction volume. It is used to evaluate whether an asset is overvalued or undervalued relative to usage.\u00a0<\/p>\n

Generally, higher Advanced NVT values indicate heightened investor speculation, while sustained levels above key thresholds have often coincided with major bull runs. According to Burak Kesmeci in an X post<\/a> on May 24, the Bitcoin Advanced NVT signal has recently crossed above the +2 standard deviation (+2xSD), a historically significant boundary that signals a period of bullish market strength and robust investor confidence.<\/p>\n

As seen in Q4 2023 and Q4 2024, an advanced NVT crossover above the +2xSD highlighted in orange in the image below has previously served as a launchpad for bullish continuations, resulting in extended periods of upward momentum.<\/p>\n

Although the Advanced NVT signal is presently turned downward, Kesmeci explains that as long as this metric remains above the +2xSD level, Bitcoin is likely to maintain its uptrend, indicating there is strong potential for the cryptocurrency to enter new price territory in the coming weeks.\u00a0<\/p>\n

With Bitcoin surpassing its former all-time high in the past week, the premier cryptocurrency continues to look likely to attain the lofty price targets<\/a> being set by several market analysts. However, macroeconomic factors, most notably US trade policy, remain a major influence capable of inducing significant setbacks as seen since the start of 2025.\n<\/p>\n

Bitcoin Market Overview<\/strong><\/h2>\n

At press time, Bitcoin is trading at $107,835 following price gains of 4.02% and 15.37% in the past seven and thirty days, respectively. Meanwhile, the market\u2019s daily trading volume is down by 31.58% and valued at $45.94 billion.<\/p>\n

According to data from blockchain analytics firm Sentora<\/a>, the Bitcoin network experienced a 51.03% increase in network fees, signaling a significant rise in transactions and user activities.<\/p>\n

Meanwhile, exchange inflows were valued at $184 million, which Sentora has described as \u201cmild\u201d relative to previous weeks. This development indicates that many investors opted against selling their BTC holdings despite a new all-time high, signaling long-term market confidence.<\/p>\n

With a market cap of $2.13 trillion, Bitcoin continues to rank as the largest cryptocurrency and the fifth-largest asset in the world.<\/p>","protected":false},"excerpt":{"rendered":"

On May 22, Bitcoin registered a new all-time high at $111,970. Since then, market prices have retraced to around $108,000, largely influenced by macroeconomic pressures. Following this development, prominent crypto analyst Burak Kesmeci backs the premier cryptocurrency to soon return and surpass this current all-time high, based on recent on-chain data. Bitcoin Advanced NVT Holds […]<\/p>\n","protected":false},"author":0,"featured_media":68990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68989"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68989"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/68990"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}