THIS Bitcoin indicator has called past peaks—And it’s flashing a warning again! – BitRss

• Bitcoin’s RC ($0.01)-Deviation metric signals the potential for a market peak at the 3X level
• Historical data revealed that the 3X multiplier often precedes market slowdowns or corrections

Bitcoin’s [BTC ($96,080.81)] recent market movements suggest that we may be nearing the peak of its current cycle. The Realized Cap Deviation (RC-Deviation) metric recently hit the 3X multiplier, a key threshold tied to market peaks.

As this level is reached, understanding the signals behind it is crucial. It’s the difference between riding the wave or getting caught in the pullback that often follows.

What is RC-Deviation and how does it work?

The RC-Deviation is a metric used to assess Bitcoin’s market cycle by comparing its current price to its historical trend and realized cap – The total value of Bitcoin based on the last transaction price of each coin, rather than the current market price.

The RC-Deviation is expressed in multipliers (e.g., 3X, 5X), showing how much higher or lower Bitcoin’s price is relative to its historical norm. A higher multiplier, like the 3X level currently being observed, typically means that Bitcoin’s price has grown significantly. This might hint at greater market risk and potential for correction.

Bitcoin – Historical peaks and lessons from past market cycles

Bitcoin’s RC-Deviation metric has repeatedly provided critical insights …