G a a h
The bull market is not over, phase 1 has just begun!
Historically Bitcoin cycles follow a pattern divided into 4 sequence. The starting point is the first mid-cycle top post Halving onward. The yellow box is touched when prices make a mid-cycle top, historically the end-of-cycle top is only realized with Puell Multiple hitting the red box, this has been the case in all previous cycles. It can be expected that the end top of the current valuation cycle will finish at least in the red box, leading prices to a new All Time High soon.