Markets· ★★★· bearish·

Swissblock: Bitcoin has hit cycle top as momentum fades

  • —Swissblock's model flags Bitcoin as being at the cycle top stage
  • —Price holds above $83,000 but rallies are losing conviction
  • —A final push to $87,500–90,000 is still possible
  • —Risk index at lows: the slowdown is treated as a pause for now
Why it matters: A sharp move in the risk index would signal a shift to a downtrend, a cue for holders to consider taking profits.
Source: BeInCrypto RU