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CryptoQuant Analyst Explains: "Bitcoin's Proprietary Indicator Is Sending a Buy Signal!" – Also Foreshadowed Friday's Drop!

en.bitcoinsistemi.com

3 hour ago

CryptoQuant Analyst Explains: "Bitcoin's Proprietary Indicator Is Sending a Buy Signal!" – Also Foreshadowed Friday's Drop!

The cryptocurrency market plummeted after US President Donald Trump threatened to raise tariffs on China to 100% on Friday. Bitcoin fell to $102,000, while Ethereum fell to $3,400. Following a subsequent recovery, analysts noted that Binance's BTC Leverage Pulse (BBLP) indicator had entered the low-risk zone (0.82) and signaled a buy signal. CryptoQuant analyst with the pseudonym CrazyBlock said in his analysis that the proprietary leverage analysis indicator 'Binance BTC Leverage Pulse (BBLP),' which detected the market overheating just before the sharp crash in Bitcoin, has returned to the low-risk zone and issued a buy signal. The analyst said that the BBLP indicator stands out in the short term with an overheated leverage ratio, according to the 2023-2025 data. Citing this as an example, the analyst noted that generally, when the ratio reached 1.4, price corrections occurred within 57% of the time, with volatility more than doubling within 30 days. Conversely, when BBLP entered the low-risk zone, there was an average recovery of 12%. At this point, the analyst said that the BBLP indicator had crossed the 1.42 ratio, signaling market overheating, ahead of Friday's massive billion-dollar liquidation. “Generally, when the BBLP ratio rises above 1.4 it is interpreted as an overvalued (sell) signal, and when it falls below 0.8 it is interpreted as an undervalued (buy) signal. At this point, BBLP has now entered the low-risk zone (0.82). This will be a good entry opportunity.” *This is not investment advice.

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