🧐 The Crypto market has not peaked yet?

It's hard to know exactly where the real peak is and when it will happen, but many indicators suggest that crypto has not reached its limit this season 👇

The on-chain indicator Puell Multiple shows when BTC is either too hot or extremely undervalued:

-Above 6 → cycle peak

-Below 0.4 → cycle bottom

In the current cycle, the highest Puell Multiple has only reached 1.5.

➡️ Meaning: we are still far from a true euphoric surge.

Meanwhile, whales and institutions are continuously accumulating #BTC

The price may seem high to you, but on-chain data shows that the market is still in the midst of a wave.

If you are new, short-term the market is entering a short-term downtrend => ok I agree

But if you say the market has started to enter the Crypto winter, then show me the data that proves that

If this is just the beginning… then the main run will be much more terrifying. 🟧🚀

$BTC #Bitcoin