Bitcoin Price Prediction: TD Sequential Indicator Warns of Potential Drop to $40,000
Ali Martinez, a respected crypto analyst, has issued a warning about Bitcoin‘s price trajectory. The TD Sequential indicator, a reliable technical tool, has flashed a sell signal that historically precedes major corrections.
Historical Accuracy of the TD Sequential Indicator
The indicator’s track record includes predicting:
- A 75% Bitcoin price drop in 2015
- An 85% plunge in 2018
It identifies overextended rallies and signals likely corrections.
Current Market Context
Despite Bitcoin recently surpassing $110,000, supported by strong inflows into U.S. Bitcoin ETFs, the indicator suggests caution. Data from Farside shows these ETFs attracted $9.91 billion since May 2024.
Implications for Bitcoin Investors
While the market appears strong, historical patterns suggest potential volatility. As Martinez states, “The TD Sequential’s reliability demands attention from market participants.”
