Looking at this $BTC chart and the MA 200 pattern hits different
Every single cycle top happened EXACTLY when price touched the 200MA
2025:
>BlackRock holds 752k BTC
>ETFs seeing massive institutional demand
>Network hashrate hit all-time high of 976 EH/s
We're still 40%+ ABOVE the MA 200
This means we're nowhere near the cycle top yet
Bulls, this is your confirmation bias
