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Crypto

Bitcoin Buy Signal Sparks Rebound Hope Within 3-9 Days

Guavy AI Editorial Team
Instruments
BTC XRP
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Analyst Ali Martinez has spotted a TD Sequential buy signal on Bitcoin (BTC) and Ripple's XRP, hinting at a potential price rebound within 3 to 9 days.

The indicator, developed by Tom DeMark, has flashed an early buy signal for BTC after the cryptocurrency shed roughly $30,000 since trading above $90,000 on January 28. It bottomed out at $60,000 last Friday before briefly recovering to $72,000 on two separate occasions.

XRP also triggered a buy signal before its latest 3-4% drop. Martinez noted that the TD Sequential had 'perfectly timed' the local top for XRP in the past and could now be signaling another rapid reversal.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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