Why Bitcoin’s Drop Doesn’t Look Like a Cycle Top

Bitcoin is transitioning into a cooldown phase rather than a full-cycle breakdown, according to multiple on-chain cycle indicators. While price has pulled back meaningfully from recent highs, the structure shown across cycle oscillators suggests the market is releasing excess leverage and volatility instead of entering a deep capitulation regime. source: https://www.ethnews.com/why-bitcoins-drop-doesnt-look-like-a-cycle-top/