Crypto analysts have utilized various on-chain metrics to determine if Bitcoin has reached its peak in this bull run. One analyst, Thomas, highlighted the significance of USDT dominance in predicting Bitcoin's local tops over the past six years. According to Thomas, whenever USDT dominance touches the bottom of a trendline, it signals a local top for Bitcoin. This metric has been effective in previous cycles, allowing traders to sell at the peak. Additionally, USDT dominance can also indicate potential local bottoms for Bitcoin. While it may not provide an exact estimate, it offers a reliable ballpark figure. Thomas remains optimistic about Bitcoin's future performance, expecting the market to retest support levels multiple times before reaching its peak. Other analysts, like Rekt Capital, suggest that the market top may occur next year. Thomas plans to use the USDT dominance trendline for his BTC/ETH trades, buying at the top and selling at the bottom. Read more AI-generated news on: https://app.chaingpt.org/news