Crypto 350

06/21 17:13

Has Bitcoin found a price bottom? – Historic signa

#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 Has Bitcoin found a price bottom? – Historic signal hints at BTC’s reboundBitcoin [BTC] may have found a bottom after liquidity outflows that began in October 2025 wiped $1.04 trillion from the market at presstime. The latest readings suggest the asset could be forming that bottom, with a rally possible off the structural base built over the past day. CVDD signals a value floor Cumulative Value Days Destroyed (CVDD) weighs destroyed coin days across BTC‘s history against the current market value. The metric estimates Bitcoin’s fair-value floor by accounting for the behavior of long-term holders. At the time of writing, CryptoQuant data showed Bitcoin’s CVDD had dipped into an extremely low region, printing a reading of 0.3.Levels like this have marked price tops and bottoms on several occasions, notably in 2019 and 2022.In each case, price plunged to this zone before a major rebound followed, carrying the asset toward a new high. Should that pattern repeat, Bitcoin’s swing between $60,000 and $64,000 over the past weeks may mark the bottom.That base would stand as the floor the asset builds from for now. Bitcoin holds its 200-week structural support On the weekly timeframe, Bitcoin is trading on its 200-week SMA (simple moving average), a level that has acted as support in the past and powered earlier rallies. The last time Bitcoin dropped to this level, it consolidated along the line for months between July 2022 and October 2023. That stretch was followed by a significant increase, which ranged from $27,112 to approximately $73,777. Notably, Bitcoin is trading in the same range as before, with no indication of which way it will break. The path could result in a quick rebound or another extended consolidation.

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