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🔥BRUTAL🔥
🤯NONE of the indicators that anticipate the END of the BULL MARKET are showing signs of a peak
📊Let's look at 4 indicators that HISTORICALLY predicted the tops of #Bitcoin...
1️⃣ Pi Cycle Top Indicator
▫️This model accurately marked the peaks of 2013, 2017, and 2021 when the 111-day moving average (red) crosses upward the 350x2 (green).
▫️Today there is still no crossing = there is no ceiling signal.
2️⃣ Multiple Pools
▫️Measures miners' profits. When they are very high, miners sell = ceiling.
▫️Today: in re-accumulation zone, far from the euphoria levels of previous cycles.
3️⃣ #Bitcoin Rainbow Chart
▫️Visualize market sentiment based on relative price on a logarithmic scale.
▫️Current: "HODL" zone.
▫️ Still far from the upper bands that indicate the ceiling.
4️⃣ On-chain Confidence ( from Alphractal )
▫️Add several key indicators (RHODL, MVRV, NUPL, Puell, CVDD).
▫️Still far from the red zone that marked the peaks of 2017 and 2021.
📌 These indicators do not guarantee the future, but they do remind us that there are still no signs of exhaustion in the current BULL MARKET.