Has #BTC Peaked Yet? These 3 Indicators Say No 😏
While sentiment is heating up, data says the current cycle still has room to run 👇
📊 Bitcoin Long-Term Holder Supply
The lower this number, the closer we are to the top. Right now it sits at 14.59 million BTC. Danger starts when it drops below 13.5 million BTC, it means long-term holders begin exiting.
📊 Bitcoin Bubble Index
This index measures speculative behavior. It currently reads 13.48. Historically, tops occur when it pushes above 80, signaling peak euphoria.
📊 Bitcoin MVRV Ratio
The ratio between market value and realized value. It’s at 1.95 now. A value over 3.0 has often marked the final stage of bull markets.