Bitcoin price top metric with 10-year record stays ‘neutral’ at $112K
Bitcoin remains at a “neutral point” in its market cycle, the IBCI tool says, implying room for more BTC price upside before the bull market hits its peak.
Key points:
The Index Bitcoin Cycle Indicators (IBCI) tool from CryptoQuant shows that the bull market has plenty of room to run.
“Neutral” readings come despite all-time highs on BTC/USD, with the market at a “point of definition.”