The amount of leverage that is being used by traders on exchanges is hitting a new yearly high. This means that people are placing higher risk bets in the market.

This #Bitcoin Cycle can easily be summarized in 4 parts. 1. Initial surge in 2023. 2. Sideways Q2/Q3 in 2023. 3. Second surge Q4 '23 & Q1 '24. 4. Sideways Q2/Q3 in 2024. This latest sideways chop has already been 2 months longer than the prior one. Time to get a move going?