🚨 Bitcoin Cycle Nears Peak: MVRV Is Flashing Warning Signs 🚨
The MVRV‑365 DMA indicator is approaching levels last seen at cycle-tops. If history repeats, the current bull run may peak between late August and early September.
While BTC trades around ~$119K and the market buzz remains strong, broader cycle models suggest upside remain — with defined resistance ahead.
💡 Takeaway for traders:
1) Expect potential short-term rallies toward key resistance zones.
2) Prepare for possible pullbacks if indicators confirm exhaustion.
3) Focus on risk control and discipline during this critical phase.