Analyst Ali Martinez says a TD Sequential buy signal has appeared on Bitcoin (BTC) and Ripple's XRP (XRP), suggesting a potential price rebound within 3 to 9 days after weeks of sharp declines that pushed BTC below $67,000 and left XRP nursing fresh losses.
What Happened: Buy Signal Flashes
Bitcoin has shed roughly $30,000 since trading above $90,000 on Jan. 28, bottoming out at $60,000 last Friday before briefly recovering to $72,000 on two separate occasions.
As of Feb. 10, the price slipped back under $67,000.
Around that time, Martinez posted on X that the TD Sequential — a technical indicator developed by Tom DeMark to identify potential market reversal points after extended moves in either direction — had flashed an early buy signal for BTC. He specified that a rebound could materialize within 3 to 9 days.
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 the cross-border token in the past, and could now be signaling another rapid reversal.
Also Read: Ethereum Stalls Below $2,050 As Bears Tighten Grip
Why It Matters: Reversal Track Record
The TD Sequential has built a notable track record across multiple cryptocurrencies, and Martinez has frequently highlighted its signals for various digital assets.
The indicator's historical accuracy — particularly with XRP — gives the latest buy signals added weight for traders watching for a potential bottom in a market that has been under sustained selling pressure for weeks.
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