Attention, crypto enthusiasts! 🚀 According to CryptoQuant, Bitcoin may be approaching a price peak. Here are the key signals:
- **MVRV Ratio**: Currently at 2.67, far from the peak of 3.7 which indicates overvaluation.
- **Fear and Greed Index**: Has surpassed 80, reaching 90, its highest level since 2021.
- **New Money Flow**: Still strong, suggesting a bullish phase.
- **Coin Days Destroyed**: At 15.1 million, a possible short-term bearish sign.
- **Inter-Exchange Flow Pulse**: Shows bullish structure.
What do you think? Let us know your comments!