Alphractal CEO Joao Wedson has cautioned that Bitcoin and the broader crypto market could be on the brink of a sharp move, as several indicators flash early warning signs of a possible downturn.
In a recent market update, Wedson noted an unusual decoupling between Bitcoin and altcoins—a pattern he says often signals incoming volatility.
He also flagged the rising Altcoin Season Index, which, while typically bullish for alternative coins, has historically preceded sudden market rebalancing led by Bitcoin.
Adding to the concern, Alphractal’s proprietary Alpha Quant system has triggered a sell signal, reflecting both technical weakness and apparent selling activity from large holders.
While Wedson doesn’t believe this marks the end of the current cycle, he sees potential for a sharp correction that could define a new price base.
“This isn’t the final phase,” he said, “but traders should be alert—market traps are possible.”
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/bitcoin-faces-short-term-risk-warns-alphractal-ceo/