Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 31687
Markets: 114145
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SLE
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
XCG
ZMW
ZWL
ZWG
Market Cap
24h Vol
31687
Cryptocurrencies
59.99%
Bitcoin Share
NewsBTC 2026-04-17 06:30:13

This Indicator Used To Predict Bitcoin Bottoms Is Flashing Below $50,000

This Indicator Used To Predict Bitcoin Bottoms Is Flashing Below $50,000

There are many different indicators that analysts have used to predict the Bitcoin bottom in the past, and the Cumulative Value Days Destroyed (CVDD) is one of them. Mostly, these indicators are known for predicting the bottom because when they have appeared in the past, it did not take long until the Bitcoin price reached the lowest level of the cycle. The interesting thing about the CVDD flashing now is how low it is putting the BTC price before it finds a bottom. CVDD Says Bitcoin Price Is Going Lower The Cumulative Value Days Destroyed (CVDD) was highlighted by crypto analyst TradingShot as an indicator that has predicted Bitcoin’s price bottom in the past. Usually, when this indicator is triggered, it is not long before the bottom is reached. Moreso, the Bitcoin price tends to drop a bit lower than the price the CVDD points to before bottoming. Related Reading: Meme Coin Unicorns That Are Now Basically Dust Again Given how this indicator has performed in the past, it puts into perspective where the Bitcoin price might be in this cycle. Presently, the bulls are still holding above $70,000 while the CVDD is pointing to $49,280. This would mean that the Bitcoin price has actually not reached a bottom and could continue to decline again. In addition to this, the MA200 on the 1-Day chart would need to confirm the bottom as a buy follow-up. When this happens, the crypto analyst says it means that the Bitcoin price has entered another bull cycle. Thus, if the digital asset follows the CVDD, then there would be a more than 30% crash coming. Bull Market Peak Indicators Say Top Is Not In While most analysts in the market are shooting to game the Bitcoin bottom, other indicators are pointing toward the fact that the digital asset hasn’t hit its peak yet. According to the 30 Bitcoin Bull Market Peak Indicators tracked by the Coinglass website, the bull market might not be over yet. Related Reading: Here’s How Much Of The XRP Supply That ETFs Now Control One indicator that is yet to hit is the Bitcoin dominance, which hasn’t shown any signs of retracing. Instead, the pioneer cryptocurrency continues to dominate the market, leaving altcoins in the dust. Also, the Bitcoin long-term holder supply has not peaked, and the Bitcoin short-term holder supply follows the same trajectory. Since none of the 30 indicators have been triggered, the tracker suggests that this might be the time to buy BTC and not sell. However, there are still the macroeconomic and political factors, such as the US-Iran war, to consider, as these could also negatively impact the Bitcoin price and where the bottom might form. Featured image from Dall.E, chart from TradingView.com

Most Read News

Market Cap
24h Vol
59.99%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.