A well-known crypto analyst on social media platform X has shared a Bitcoin buy-and-hold strategy that is likely to generate more than 250% profit in the near future.
Will BTC price bottom around $49,000?
In a recent post on Platform X, market expert Ali Martinez presented an exciting business plan for Bitcoin, the world’s largest cryptocurrency by market capitalization. This strategy revolves around the CVDD (Cumulative Value Days Destroyed) channel.
CVDD is a technical indicator of the chain, which is based on the amount of old capital sent to the market. This chain metric is commonly used to indicate long-term support or resistance areas based on long-term coin movement.
The line of the sum of the value of the destroyed days, which is usually the lowest line in the channel, indicates a phase of extreme bearishness. Channel extensions (resistance bands that are usually targeted in bull markets) are created after applying Fibonacci retracements to the main CVDD line.
CVDD channel by @Alphractal offers a simple game plan for Bitcoin $BTC:
• Buy about $49,330.
• Earn between $178,478 and $273,158. pic.twitter.com/4k9nKyli0S— Ali Charts (@alicharts) March 7, 2026
Historically, the price of Bitcoin has never fallen below the CVDD line (the main channel line), marking it as a suitable indicator to determine the bottom of the cycle. Therefore, the line is often considered an initial accumulation zone where investors often place bets against price.
Source: @ali_charts on X
As shown in the highlighted chart, this CVDD line (blue) is currently around $49,330, representing a possible bottom for Bitcoin in this bearish phase. According to Martinez, this price point is also the best place to take a position in the flagship cryptocurrency.
Next, the market analyst says to take a profit of about $178,478 or $273,158 from this trade at the resistance level. These resistance levels of $178,478 and $273,158 are the CVDD 3.618x and Alpha CVDD channel lines, respectively, and are the highest potential price cycles for Bitcoin.
If the price of BTC actually rises from $49,330 to at least $178,478, this represents a 260% rally in one cycle. Meanwhile, it is rising above $178,478 to the next resistance level of 53%.
Bitcoin price overview
As of this writing, the price of BTC is around $67,350, reflecting a decline of more than 1% over the past 24 hours. According to CoinGecko, the prime cryptocurrency fell by 1% kn during the week.
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView
Featured image from iStock, chart from TradingView
Editing process because bitcoinist is committed to delivering comprehensive, accurate and unbiased content. We adhere to strict sourcing standards and every page is carefully reviewed by a team of top technology experts and experienced editors. This process ensures the integrity, relevance and value of our content to our readers.
