Bitcoin NVT Golden Cross Suggests Possible Upside as Analysts Say New All‑Time Highs Could Arrive in Weeks

• Key point 1 — NVT-GC golden cross has historically preceded bullish BTC runs.

• Key point 2 — Recent readings moved from -2.8 to 0.3, indicating a balanced, healthy uptrend.

• Key point 3 — CryptoQuant research suggests upside targets between $117,000 and $150,000; past crosses preceded major rallies.

Meta description: Bitcoin NVT golden cross indicates further upside for BTC; on-chain data point to $117k–$150k potential—read expert analysis and next steps.

Published: 2025-09-18 | Updated: 2025-09-18

What is the Bitcoin NVT golden cross?

Bitcoin NVT golden cross is a signal where the Network Value to Transactions (NVT) derivative moves into a bullish configuration, suggesting market capitalization growth outpaces on-chain transaction decline in a sustainable way. The indicator historically precedes multi-week BTC rallies and helps identify lower-risk entry windows.

How does the NVT-GC signal potential BTC all-time highs?

The NVT-GC compares market cap to transaction volume and flags extremes: readings below -1.6 have often preceded rallies, while values above 2.2 can mark reversals. In July the metric hit -2.8 then rose to 0.3, a pattern analysts call a “healthy uptrend.” CryptoQuant research highlights room for expansion toward $117,000, and some analysts project $120,000–$150,000 based on historical cycles.

What supporting on-chain signals align with the NVT golden cross?

Short-term holder (STH) MVRV Z-scores (155D & 365D) are near zero, indicating the market is neither overheated nor deeply oversold. BTC currently trades just above the STH realized price, which suggests consolidation could last 1–2 weeks before a potential push to new highs.

Frequently Asked Questions

How accurate is CryptoQuant’s $117,000 projection?

CryptoQuant’s $117,000 figure reflects model-based expansion from current on-chain flows and valuation gaps. It is an analytical projection, not a guarantee, and should be considered alongside technical resistance levels and macro liquidity conditions.

Is Bitcoin in bubble territory according to NVT-GC?

According to current NVT-GC readings (near 0.3) and STH metrics, Bitcoin is not in bubble territory; indicators suggest a balanced uptrend rather than an overheated market.

Key Takeaways

• NVT-GC bullish signal: The recent golden cross is historically associated with follow-on BTC rallies.
• Room to run: On-chain analysis cites potential targets from $117,000 up to $150,000 in coming months.
• Use multiple signals: Combine NVT-GC with STH MVRV, realized price, and price structure to assess risk and timing.

Conclusion

Bitcoin’s recent NVT golden cross, supported by balanced STH metrics and on-chain research, points to an ongoing bull trend with potential targets in the five-figure range above current levels. Monitor NVT-GC thresholds and short-term holder indicators for confirmation, and consider risk-management strategies ahead of any aggressive position-taking.

“STH MVRV Z-Scores (155D & 365D) are hovering near zero – the market is neither overheated nor oversold. BTC price sits just above STH Realized Price, setting the stage for 1–2 weeks of consolidation with a potential push to ATH.” — Axel Adler Jr (tweet text shown as a plain-text excerpt)