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2024-06-10 20:57:17

Bitcoin CVDD Indicator Projects Potential Next Peak at $89,200

In recent developments, an on-chain analysis suggests a potential local top for Bitcoin that could go as high as $89,200. This projection is derived using the Cumulative Value Days Destroyed (CVDD) metric, which offers a unique perspective on Bitcoin’s market trends. Notably, the CVDD has shown reliability in pinpointing bottoms and tops in Bitcoin’s price

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