Seven indicators help you determine the right time to exit.

Forwarded Title:When will the Bitcoin bull market ‘peak’? Seven indicators help you determine the right time to exit.

Bitcoin broke through $73,000 last night, once again setting a new all-time high! With BTC’s price now facing little resistance from previous highs, determining the top has become a major task for every bullish investor.

In the following text, we’ll organize seven indicator signals worth investors’ attention during a bull market, which may provide you with clues to successfully “exit at the peak.”

Time Cycle

Cryptocurrency analyst Virtual Bacon stated that he plans to exit the market by the end of 2025, regardless of how the market performs at that time. This timing is primarily based on his deductions from the Bitcoin halving cycle and historical bull market durations.

From the data in the Glassnode chart below, similar trends can be observed in the last two bull market cycles. For example, both cycles reached a phase peak about two years after the cycle’s low point, followed by a rapid decline into a bear market. The current cycle (represented by the black line) is in an upward phase, and when compare to the previous two cycles, it might reach a new peak around the end of 2025.

Further reading:Analyzing bull-bear history and economic cycles: When will the next crypto bull market arrive?

Bitcoin 200-day, 21-week EMA

Virtual Bacon also suggests that investors should pay attention to the 200-day and 21-week exponential moving averages (EMAs) of Bitcoin:

Once the price falls below these two lines, it indicates that market funds are withdrawing, and a potential bear market is on the horizon.

From the chart below, we can see that the current Bitcoin price is still well above the 200-day moving average.

Bitcoin Price vs. 200-Day Daily Chart

Bitcoin Rainbow Chart

The Bitcoin Rainbow Chart maps the evolution of Bitcoin’s price over time and indicates whether Bitcoin may be approaching a top or bottom using colored bands. The closer the price is to the red zone, the more likely it is approaching a top, while the closer it is to the blue zone, the more likely it is approaching a bottom. In the chart below, you can see that when the Bitcoin price enters the orange and red zones, it often experiences a sharp reversal, while the current status is indicated by the “HODL” state in yellow.

Pi Cycle Top Indicator

The Pi Cycle Top indicator utilizes the 111-day moving average (111DMA, represented by the orange line in the chart below) and the multiple of the 350-day moving average (350DMAx2, represented by the green line) to predict the top of Bitcoin.

When the 111DMA moves upward and crosses above the 350DMAx2 line, it could be a potential signal that Bitcoin is at or nearing a top.

Pi Cycle Top Indicator

Altcoins are rallying wildly

In the later stages of a bull market, market funds gradually overflow from Bitcoin into altcoins, and even into numerous low-quality projects. The notable characteristics of this stage include:

• Many altcoins often experience massive surges of several multiples or even tens of multiples, leading to extreme FOMO sentiment in the market.
• Altcoin valuations become exaggerated, with valuations reaching several billion or even tens of billions.
• New projects continuously emerge, with many projects aimed at exploiting the fervor of the bull market to “squeeze the leek,” a term referring to taking advantage of inexperienced investors for profit.

The Reserve Of Bitcoin On Exchanges.

A significant characteristic of the late stages of a bull market is that a large amount of Bitcoin is transferred to exchanges for profit-taking, leading to a gradual decline in the Bitcoin price.

Currently, the reserves of Bitcoin on centralized exchanges are continuing to decline. If this data suddenly increases in the future, it could be a warning signal.

Google Search Trends

This reflects the level of public interest in Bitcoin. Generally, when search trends soar, it is considered one of the signs that the bull market is reaching its final stage. Many Chinese Key Opinion Leaders (KOLs) have jokingly remarked on social platforms like X:

When Chinese ‘aunties’ start asking how to buy Bitcoin, it means the bull market is almost at its peak.

Statement:

1. This article is reprinted from [blocktempo.], the original title is “When will the Bitcoin bull market peak? Seven indicators to help you find the right time to get off the car”, the copyright belongs to the original author [Zhang joy], if you have any objection to the reprint, please contact Gate Learn Team, the team will handle it as soon as possible according to relevant procedures.

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