CandleFocus Crypto Market Flashing Signal That Suggests Bottom Is Forming, Says Real Vision Analyst – Here’s His Outlook
2025-02-13
Author: Content Editor
Real Vision's chief digital assets analyst, Jamie Coutts, believes that a bottom may be forming in the crypto market, based on a metric tracking the performance of crypto assets over 365 days. Coutts suggests focusing on assets that have outperformed over the past year and during the recent pullback as an indication of what's to come in the next phase of the bull market. He shares the TOTAL2 chart, which shows a potential reversal forming on the daily timeframe for all crypto assets excluding Bitcoin and stablecoins. Coutts also notes that Bitcoin may be breaking its historic inverse correlation with the US dollar index, possibly due to more investors seeing it as a safe-haven asset. Additionally, he mentions that the adoption of blockchain technology is increasing, as evidenced by the rising number of daily active addresses on smart contract platforms. Coutts predicts a surge in blockchain adoption across various sectors in 2025.
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