Sometimes we find ourselves in market situations that seem to be undefined at first glance. But there are helpful tools to get an idea.

One of the most reliable indicators to measure at which state of the Bitcoin cycle we are, is the CBBI Index.

It's basically an index of several selected indicators which all represent different technical and fundamental ideas about current state of the Bitcoin market. This makes CBBI comparably resilent because it doesn't focus on just one aspect at a time but many.

Every single time CBBI confidence was closing in on 100, a major cycle top happened.

And everytime CBBI was below 10, the market offered the best buying opportunites.

Right now we are sitting at a CBBI confidence level of 77. So there is still some air.