Da_Prof

The risk of a BTC top is still not very high.

INDEX:BTCUSD   Bitcoin
The risk value for the BTC top indicator is still only at 7.48. Major tops occur at over 10. So according to this indicator, a major top is still a good ways away.

That being said, now is a good time for BTC to cool off since several top indicators are nearing triggers including the coin value days destroyed and realized price extensions, the net unrealized profit and loss, and the plus directional movement indicators.

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