Marwin D Souza

9 key signs to predict when the bull market will reach its peak.

I've looked at them all... and I'm SHOCKED

They're showing us something a lot of people might not want to hear

Ignore if you like... but I wouldn't 👇🧵

Trying to guess the market peak from a single chart is tough.

I've been in crypto for years and learned how to exit at just the right time, not too early or too late.

Here's what I watch for ⬇️

1. The Altcoin Season Index:

➔ Indicates when altcoins begin to outperform BTC, often signaling a peak point level.

➔ A higher value up to 75 suggests the market may have reached its peak.

2. 22-Day RSI:

➔ Historically, a 22-day RSI exceeding 90 has frequently aligned with market highs.

➔ Typically, the market reaches its peak within 3 to 6 weeks after such readings.

3. 4-Year Moving Average Deviation:

➔ This metric measures how much the current price diverges from its four-year moving average.

➔ Significant deviations, often marked by red or orange circles on charts, indicate potential peak moments

4. MVRV Z-Score:

➔ This metric assesses the valuation of Bitcoin against its 'real' value.

➔ Historically, when the MVRV Z-Score exceeds 3, it has aligned with Bitcoin’s cyclical peaks, signaling a time to closely monitor the market conditions.

5. Pi Cycle Top Indicator:

➔ Known for its remarkable accuracy, the Pi Cycle Top indicator has successfully identified Bitcoin's cycle highs three times.

➔ It functions by pinpointing when the 111-day moving average crosses above twice the value of the 350-day moving average

6. NUPL (Net Unrealized Profit/Loss):

➔ This indicator reflects the overall market sentiment.

➔ When the NUPL reaches or exceeds 75%, it suggests that the market may be approaching its peak.

7. Composite Business Cycle Indicator:

➔ Typically rises above the 50-52 range before the market reaches its peak.

➔ This increase can signal an impending high in the business cycle.

8.Mayer Multiple:

➔ This metric compares Bitcoin's current price to its 200-day moving average.

➔ Historically, the market has peaked when this ratio exceeds 2.4.

➔ Currently, the prices are well below this threshold, indicating potential for growth.

9. BTC Rainbow Chart

➔ This chart tracks Bitcoin's price trends and gives signals to buy, hold, or sell based on market sentiment.

➔ Right now, it indicates we're in the accumulation phase, suggesting it's a good time to collect more Bitcoin.

➔ Additionally, when everyone around you begins talking about investing in crypto and speculates about further gains, it often indicates that the market might be nearing its peak.

➔ This heightened enthusiasm and greed can be a clear signal that we are at a critical high.
#BTCNextATH
#analysis
#Write2Earn
#TexasBTCReserveBill
#MarketPullback
$BTC

$XRP

$ETH

The same was true in 2017 and 2021 after alts experienced a period of strong gains.
If history repeats itself, $400 in good alts now = $150,000 in 2 months.
Here are the top alts with the highest upside potential.

1/➱ Many people think the bull run is over, but it hasn't even started yet
⋄ Market slowly recovering from steep decline, but most coins are still in bad shape
⋄ It was a real bear trap that shook the weak hands before the race