Bitcoin

BTI shows some indicators close to triggering

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Similar to March 8th timeframe (i.e., the previous local top). Some BTI top indicators have started to come close to fully triggering. Currently the NUPL and Realized Price (RP) indicators are getting near a top signal. No indicator in the BTI has fully triggered yet, but it would be wise to watch the BTI closely.
Note
This turned out to be a good call. It seems the indicators were heated and needed to cool off. There was some higher price action into the exhaustion phase, but this was the beginning of months of sideways.

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