The art of predicting the top of a crypto cycle
Predicting the top of a crypto market cycle combines both art and science, marked by indicators such as Bitcoin halving, Google search trends for Bitcoin, the Pi Cycle Top indicator, App Store rankings, and the ETH:BTC ratio. Bitcoin halving occurs approximately every four years, signaling potential peaks 12-18 months later. A notable rise in Google searches indicates growing retail interest as it did before the mid-May 2021 peak. The Pi Cycle Top indicator, based on moving averages, has reliably marked cycle tops in previous years. App Store rankings, particularly for Coinbase, reflect retail sentiment, while the ETH:BTC ratio shows investors rotating from Bitcoin to altcoins. Currently, ETH:BTC is at a low, suggesting a need to watch for further peaks and potential market corrections.
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