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Cryptocurrency analytics firm Alphractal has detected a local top in Bitcoin price, citing multiple on-chain indicators that signaled weakness prior to the recent drop. In a new report titled “4 Metrics That Indicate Bitcoin’s Local Top,” Alphractal outlined key factors that suggest Bitcoin has reached a near-term top, with signals pointing to December 16, 2024, as a pivotal moment. Related News: Are Altcoin Spot ETFs Coming, Including Solana (SOL) and Litecoin (LTC)? Bloomberg Analysts Comment According to the analytics firm, the metrics that predicted the Bitcoin price drop were: 2Y SMA Multiplier – Based on Bitcoin’s two-year moving average, this metric has historically tracked price cycles. According to Alphractal, Bitcoin has been showing weaker growth over time, and a trendline resistance emerged in mid-December that signaled a local top. MVRV Z-Score – A measure of realized value relative to market cap, this indicator helps identify overbought and oversold conditions. Alphractal noted that Bitcoin is encountering resistance at a key trend line that lines up with past local highs. Reserve Risk Indicators – Metrics such as VOCDD, MVOCDD, and Reserve Risk evaluate long-term holder behavior. The MVOCDD Signal in particular acted as a classic local top warning, indicating that seasoned investors were beginning to reduce exposure. On-Chain CapFlow Sentiment Index – This metric combines realized capitalization and momentum indicators to track the strength of coin flows. A weakening trend has been detected, suggesting that experienced holders are offloading coins. Related News: Are Altcoin Spot ETFs Coming, Including Solana (SOL) and Litecoin (LTC)? Bloomberg Analysts Comment Despite these bearish signals, Alphractal explained that Bitcoin could recover in the next three months. However, for now, the market remains at a decisive moment with high volatility ahead. *This is not investment advice. Continue Reading: According to Surprise Metrics, Bitcoin’s Decline Was Known Days Ago, So When Will BTC Price Recover?
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Market Trends Ignite Speculation: What’s Next for XRP, DOGE, SOL, and PEPE Coin?
BTC price volatility continues to create uncertainty in the market. XRP and DOGE show unique responses to recent market shifts. Continue Reading: Market Trends Ignite Speculation: What’s Next for XRP, DOGE, SOL, and PEPE Coin? The post Market Trends Ignite Speculation: What’s Next for XRP, DOGE, SOL, and PEPE Coin? appeared first on COINTURK NEWS . BitcoinSistemi
From $100 to $1M: Bitcoin & XRP Early Investors Are Betting Big on These Coins!
Why THE OFFICIALMAGACOIN Is the Ultimate Crypto Investment THE OFFICIALMAGACOIN has taken the cryptocurrency market by storm, outperforming giants like Bitcoin (BTC) and Ripple (XRP). It raised $1.5 million within minutes of its presale launch, securing its position as the most promising token of 2025. While competitors are gaining traction, none come close to the explosive momentum or investor demand driving THE OFFICIALMAGACOIN. Could a $100 investment in this revolutionary token truly grow into $1 million? Here’s why experts and investors believe it can. Why THE OFFICIALMAGACOIN Dominates the Market 1. Record-Breaking Presale Performance Raising over $1.5 million in minutes demonstrates the exceptional confidence investors have in THE OFFICIALMAGACOIN. This achievement places it leagues ahead of ARB, ADA, INJ, and KAS, which lack comparable early-stage success. 2. Limited Supply with Maximum Value Potential With a capped supply of 100 billion tokens, THE OFFICIALMAGACOIN leverages scarcity to drive value. Its deflationary tokenomics gives early investors a significant advantage, making it a standout compared to ADA’s gradual growth or KAS’s slower adoption. 3. Exclusive Access Drives Urgency THE OFFICIALMAGACOIN is exclusively sold at OFFICIALMAGACOIN.COM . This exclusivity ensures a controlled rollout and higher value for investors, setting it apart from more saturated markets. How It Outperforms Key Competitors Arbitrum (ARB): A strong Layer-2 contender but overshadowed by THE OFFICIALMAGACOIN’s overwhelming demand. Cardano (ADA): Reliable but unable to match the rapid adoption of this market leader. Injective Protocol (INJ): A strong player in DeFi yet no match for the presale performance of THE OFFICIALMAGACOIN. Take the Lead with THE OFFICIALMAGACOIN Proven as the standout crypto of 2025, THE OFFICIALMAGACOIN is your ultimate opportunity to multiply your portfolio. With its record-breaking presale, limited supply, and exclusive availability, now is the time to take action and secure your position in this revolutionary token. Secure your tokens EXCLUSIVELY at OFFICIALMAGACOIN.COM Website: officialmagacoin.com X/Twitter: https://x.com/officialMAGAx Continue Reading: From $100 to $1M: Bitcoin & XRP Early Investors Are Betting Big on These Coins! BitcoinSistemi
