CryptoNeutralNewsBTC · 2h ago7/10
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Bitcoin CVDD Data Points To Possible Bottom Amid Market Mayhem – Detail
Bitcoin has declined 50% from its all-time high and currently trades around $60,000, prompting on-chain analyst Rafael to identify potential market bottom zones using Cumulative Value Days Destroyed (CVDD) data. Historical patterns suggest the most likely recovery point lies between $46,000-$54,000, with a worst-case scenario between $35,000-$40,000, as Bitcoin has broken below critical cost-basis levels for the first time since May 2022.
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