Bitcoin Is Giving an Important Signal: Watch This to Exit at the Right Time! - Coin Bulletin

Koinbulteni
BTC5,32%

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Bitcoin (BTC) price can serve as a signal to exit the market at the right time during an upward trend.

According to the data shared by the CryptoQuant analyst, the Binary CDD indicator, which measures the resumption of movement of Bitcoins that have not moved for a long time, has entered a critical bullish phase. As the price of Bitcoin rises, this metric, which reaches levels of 0.6, plays an important role in tracking the behavior of long-term investors.

The Binary CDD indicator rises as Bitcoins that have been dormant in wallets for a long time suddenly start being transferred. This activity usually signals that long-term investors are preparing to move into profit realization.

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The analyst evaluating the price movements of previous periods emphasizes that the 30-day moving average of Binary CDD has significantly surpassed the 0.8 level, especially in the final stages of bull markets. For example, at the historical peaks of Bitcoin in late 2021 and during the March and December peaks in 2024, Binary CDD had again exceeded the critical threshold of 0.8.

Currently, the Binary CDD is hovering around 0.6, but the analyst indicates that if this metric exceeds 0.8 again in the future, long-term investors may take action to exit the market. Therefore, it would be beneficial for Bitcoin investors to closely monitor the Binary CDD value in the coming days.

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