Where is the top of the pie? When does the altcoin season start?

The Puell Multiple can serve as a useful BTC prediction tool, determining whether the price is too high and needs to drop (when the indicator is in the red zone) or too low and needs to rebound (when the indicator is in the green zone).

Generally speaking, a BTC bull market is divided into four distinctive phases, with the fourth phase being the parabolic rise of Bitcoin 📈 and the irrational rise of altcoins, indicating that we are still far from the end of the bull market.