Some surprising indicators suggest that $BTC may have peaked.

Reserve Risk is an indicator that reflects the stage of the Bitcoin market being overvalued or undervalued.

It provides insights into the behavior of long-term holders (LTH) by combining the number of days $BTC has been weak (CDD) and its velocity through VOCDD and MVOCDD.

Recently, a large amount of ancient BTC has been sold in a relatively short period.

💥 Therefore, MVOCDD is currently emitting an important signal, indicating that a local peak may have formed.

👉 This is the third time this indicator has triggered such a signal, and in both previous cases, it correctly marked the local peak, leading to a short-term correction.