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from what i remember from last cycle: at cycle-top range, as well as months after the cycle top, there were still very strong polarizing opinions as to whether or not we'd topped at this point in this cycle, however, everyone is screaming: "top is in" lesson in there (?)
in early 2021 we saw *so many* top signals it simply marks the mid-end period of a bull market, not the "top" people trying to predict the top based on "top signals" are engagement farming (which i respect) but i don't think they truly believe what they say
Bitcoin is above $100k, but the rest of the market is pretty much bleeding against it Some are calling the top, some say the bull market hasn't even started Here's a chart that can tell you what's the current market up to 🧵
Bitcoin has surpassed $100,000, prompting mixed reactions within the cryptocurrency community regarding market trends. Some analysts and enthusiasts are debating whether this price point indicates a market peak or if the bull market is just beginning. Observations from previous cycles suggest that during peak periods, there are often strong opinions about whether the market has topped, with many voices currently asserting that the top has been reached. This sentiment echoes past behaviors where individuals have made bold predictions based on perceived 'top signals.' The ongoing discourse highlights the volatility and unpredictability inherent in cryptocurrency trading.
