Bitcoin

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 <li><strong>Ali Martinez has spotted a consistent pattern in the Bitcoin price behavior.</strong></li> 
 <li><strong>Bitcoin market tops in the last seven years coincided with the realized profit.</strong></li> 
 <li><strong>Realized profit monitors the overall behavior and market sentiment of participants.</strong></li> 
</ul> 
<p>Crypto analyst Ali Martinez has identified a recurring pattern in Bitcoin’s price action that connects with the Bitcoin market’s realized profit. In an X post, Ali demonstrated how Bitcoin market tops over the past seven years have lined up with realized profit, including events in March and May of this year.</p> 
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   <p lang="en" dir="ltr">Over the last 7 years, every <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> market top has coincided with a sharp spike in realized profits. Notably, March saw <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> realized profits hit $9.50 billion, and in May they surged to $10.16 billion! <a href="https://t.co/ppji2pNoTW" target="_blank" rel="nofollow">pic.twitter.com/ppji2pNoTW</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1838842875980996854?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 25, 2024</a>
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<p>From 2017 to the present, Martinez found six distinct tops in the Bitcoin price trend. Each top involved a significant rally, ending with sharp price reversals or gradual pullbacks in consolidation. Notably, the cryptocurrency’s realized profit spiked with each rally, culminating in a BTC price top.</p> 
<p>Realized profits in the Bitcoin market rep…</p>
<p>The post <a href="https://coinedition.com/this-bitcoin-indicator-says-a-bull-run-could-be-coming/">This Bitcoin Indicator Says a Bull Run Could Be Coming</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

This Bitcoin Indicator Says a Bull Run Could Be Coming

Coin Edition

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