This indicator has historically mapped out Bitcoin’s cycle tops and bottoms with surprising precision, following the well known 4-year rhythm.
Right now, it’s signaling a familiar setup, one that suggests Bitcoin could form its cycle bottom around the $45K–$50K region before the next expansion phase toward $200K.
The key confirmation comes from the moving averages, when the 200MA crosses below the 1458MA, it has consistently marked the transition into a new cycle. If that cross happens again, it strengthens the case that this cycle is simply repeating, just on a larger scale.