Bitcoin's price has dropped 2.25% in the last 24 hours and is now 16% below its all-time high of $73,835, reached in March. This has led some analysts to suggest that the Bitcoin bull market may have peaked. The Bitcoin long-term holder (LTH) inflation rate, a measure of annualized accumulation or distribution rates, has steadily increased over the last two years, indicating increased sell-side pressure. Additionally, the Bitcoin Dormancy Flow, a metric used to gauge the number of coins being spent relative to the overall trend, has sharply increased over the last 90 days. This, along with spikes in Spent Volume, suggests that Bitcoin may have hit a cycle top.