The BTC Cycle Oscillator indicates extremes of 68 000$ and 103 000$ , but currently the asset is not overbought.

The Bitcoin Cycle Extreme Oscillator model from #CryptoQuant tracks the overheating zones of the asset. So far, we repeat, in this cycle it has reached extreme values similar to those seen in previous bull markets only twice.

Currently, the metric is at a neutral level. Only when the oscillator rises above 3 can we truly expect a significant correction. The question is from which levels it will begin. For now, it seems that it will start from the levels of the new ATH.