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

Crypto analyst TradingShot highlights the CVDD indicator, which suggests Bitcoin could drop below $49,280 before bottoming. The indicator has historically predicted cycle lows, implying more downside may be ahead. Despite current prices above $70,000, the CVDD signals a potential 30% decline, though other indicators suggest the bull market may still be ongoing.

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