🔥According to the Cycle High & Low Indicator, #Bitcoin has not yet reached the peak of the current bull cycle. Chart signs suggest that Bitcoin is in the middle of a bull market, similar to what happened in spring 2017 and fall 2020.
As Bitcoin approaches its peak, two important signs will appear on the chart. First, at the top of the chart, there will appear a crossover formed by the intersection of the green and orange lines. Second, at the bottom of the chart, the indicator line will reach the red zone, indicating the peak of the bullish cycle.
However, currently, the indicator values do not show any signs of peaking. This shows that, according to the Cycle Highs & Lows Indicator, Bitcoin is still early in reaching the peak of its current bull cycle.
