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BitcoinSistemi 2025-04-16 10:07:08

Analysis Firm Announces: "Successful Indicator That Determines Cycle Bottoms in Bitcoin Gives Bottom Signals for 4 Altcoins!"

While Bitcoin (BTC) and altcoins are struggling to find direction, the analysis firm has published its analysis of Litecoin (LTC), Dogecoin (DOGE), Bitcoin Cash (BCH) and Dash. Accordingly, Alphractal, one of the leading analysis companies, examined the Cumulative Value Days Destroyed (CVDD) indicator, which is considered one of the most accurate tools for determining cycle bottoms in Bitcoin. Stating that CVDD is one of the top metrics to be followed, Alphractal stated that the CVDD indicator gives a bottom signal for LTC, DOGE, BCH and Dash. “The CVDD metric, considered one of the most accurate tools for identifying cycle bottoms in Bitcoin, shows similar potential in other cryptocurrencies with similar structures. “The implementation of the CVDD goes beyond simply identifying entry points for relevant cryptocurrencies; it enables the development of more complex and well-founded investment strategies.” Litecoin (LTC): CVDD has proven to be incredibly effective for Litecoin, correctly supporting all of LTC’s cycle bottoms. The model’s effectiveness on LTC is comparable to its performance on Bitcoin, reinforcing its value as an analytical tool. Another bottom may be in sight for LTC. Dogecoin (DOGE): Dogecoin has exhibited a similar behavior, with both CVDD patterns consistently supporting price bottoms. Recently, DOGE’s price found support precisely at CVDD pattern 2. Barring additional significant declines, the bottom may have already been reached. Bitcoin Cash (BCH): CVDD has also proven to be a good support indicator for Bitcoin Cash. Its price has never fallen below the level indicated by CVDD and has found support in 2020, particularly in model 2, reinforcing the validity of the metric. It may now be signaling a bottom for BCH. Dash: It has experienced a prolonged bear market for most of its existence and recently tested the CVDD level for the fourth time since 2024. This was the first significant approach for the metric and the price has remained stable since then without any additional declines. The CVDD indicator offers a positive signal for Dash. Analysis Company: “Successful Indicator That Determines Cycle Bottoms in Bitcoin Gives Bottom Signals in 4 Altcoins!” *Not investment advice. The Power of CVDD: Pricing Model Analysis for Litecoin, Dogecoin, Bitcoin Cash, and Dash The UTXO (Unspent Transaction Output) model inherited from Bitcoin by various alternative cryptocurrencies enables the calculation of an extremely valuable market analysis metric:… pic.twitter.com/KpmwT2SFtg — Alphractal (@Alphractal) April 16, 2025 Continue Reading: Analysis Firm Announces: "Successful Indicator That Determines Cycle Bottoms in Bitcoin Gives Bottom Signals for 4 Altcoins!"

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