Analyst Reveals Bitcoin Strategy With 250% Potential Upside — Key Entry Levels Identified
A popular crypto analyst, Ali Martinez, has outlined a Bitcoin buy-and-hold strategy with a potential upside of over 250%. The plan is based on the Cumulative Value Days Destroyed (CVDD) indicator, an on-chain metric used to identify long-term support and resistance levels.
The analysis suggests that Bitcoin's price could bottom out around the CVDD line at approximately $49,330, which has historically acted as a cycle bottom and a prime accumulation zone. From this entry point, the strategy identifies two key profit-taking levels: $178,478 (the CVDD 3.618x line) and $273,158 (the Alpha CVDD line). A move from the suggested entry to the first target would represent a gain of over 260%.
At the time of writing, Bitcoin price is approximately $67,350, down over 1% in the past 24 hours.
bitcoinist03/09 07:32
