Im not usually this blunt.
But anyone who thinks that Bitcoin and wider markets have topped are a bit retarded.
If you have any decent level of knowledge on market and cycle dynamics you can see quite quickly that the process of the crypto market, and wider financial cycle has not completed yet.
I understand there is war FUD right now, and I don't blame people for being fearful of this.
Its actually pretty normal... but normal doesn't win in this game.
This is one chart in particular that demonstrates that we have had the final part of the cycle, which is the price discovery/parabolic advance.
And that is how each cycle ends.
The indicator on this chart is the Bollinger bands 20SMA.
What we can see here is that when the cycle peforms its final act, the advance, the gap between the Bollinger bands widen due to the parabolic nature of the price action...
And this is displayed as you can see.
We have not even had a sniff of this happening this cycle.
And to the naysayers that think a final push like this doesn't have to happen...
You need to study financial cycles and why they actually exist.
It is not random.
This cycle is far from over.