PANews August 14 news, CryptoQuant analyst Axel Adler Jr tweeted that despite Bitcoin hitting an all-time high, BPT remains at a moderate high of 2.56 (below the local peak of 3.57), which means that for the current cycle, this is a 'warm' temperature, but there are no obvious signs of overheating yet. The price is maintaining above the 4-year moving average and its +2σ (green), confirming a bullish trend. The main risk is a typical correction in the ascending trend, which will show a later signal when BPT accelerates above 3.0.