INDEX:BTCUSD   Bitcoin
BTC Cycle Mid Tops are co-related with MVRV-Z Indicator and Fib level 0.618. Here I have marked all the Fib level 0.618 with MVRV mid top. Have a look how it aligns now?

So BTC local top was 48K and started to retrace like all the previous cycles?

If so, how low it can go?

Or We still in bullish trend?
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