Follow these indicators: When will the Bitcoin bull run end?

Question marks have emerged regarding when the bullish cycle of Bitcoin (BTC), which has been running from record to record, will end.

The leading crypto Bitcoin continues to rise under the influence of Donald Trump and spot $BTC ETFs traded in the US. #BTC gained momentum with Trump's media company's purchase of the crypto exchange Bakkt. The BTC price broke the record by reaching $93,905 the other day.

While the bull cycle continues in the crypto market, where new investors are joining every day, investors have begun to wonder when a potential decline will come.

On-chain data platform CryptoQuant has shared five indicators that should be followed to understand whether the BTC price has peaked (the end of the bullish cycle).

It is useful to remember that the metrics in question will not provide definitive results and that the metrics should not be used as a single indicator.

MVRV Ratio

The MVRV Ratio, calculated by dividing Bitcoin's market value by the realized value (cost), has become one of the metrics that should be followed to understand whether the bullish cycle will end.

CryptoQuant emphasized that if the MVRV Ratio is above 3.7, the BTC price will reach the highest level it can reach and that point will be the end of the cycle. The data shows that the MVRV Ratio is at 2.67 levels.

In February 2021, when Bitcoin reached a historical peak of $ 60,000, the MVRV Ratio rose to 7 levels.

Fear and Greed Index

According to CryptoQuant's report, the next indicator to be followed is the Fear and Greed Index, which measures market sentiment.

CryptoQuant said that when the index score reaches 80 out of 100, BTC will reach the end of its bullish cycle. The report emphasized that the index in question would not mean anything on its own.

The index has been moving above 80 percent since November 12. The Fear and Greed Index, which reached 90 levels on November 19, reached its highest level since February 2021.

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