- Michael Willson
- June 20, 2025
According to CoinGlass, 30 key Bitcoin indicators show no signs of a market top, suggesting the current bull run still has fuel left. With no major sell signals flashing, traders are now looking at a potential cycle peak between $135,000 and $230,000. Despite market noise, data-driven models point toward continued upside — and that’s exactly what this article will help you understand.
Here’s a clear breakdown of what these indicators mean, why they matter, and how you can position yourself in the market right now.
What Are These Bitcoin Indicators?
The 30 indicators tracked by CoinGlass include both on-chain and technical metrics. They’re used to signal when a market is overheated or nearing exhaustion.
Some of the key indicators include:
- Pi Cycle Top – a historically reliable peak marker
- MVRV Ratio – shows if Bitcoin is overvalued
- Long-term RSI – measures market momentum
- Golden Cross – compares long-term and short-term moving averages
- Bollinger Bands – track price volatility and breakout zones
As of now, none of these have been triggered, meaning the top is likely still ahead.
What Makes Experts Think $230K Is Possible?
Several respected crypto analysts and traders are calling for higher targets, not because of hype — but based on data.
- Cas Abbe, a trader on X, shared that “not one of the 30 top indicators has triggered yet.”
- Current metrics show that we are still below historical thresholds that typically signal major price tops.
- Based on past cycles and macro trends, the expected range for this peak is between $135K and $230K.
In short, the signs are bullish — not overheated.
Status of Key Bitcoin Indicators
Indicator | Purpose | Current Status | Signal for Peak? |
Pi Cycle Top | Predicts market tops | Inactive | No |
MVRV Ratio | Value vs. fair market price | Below danger zone | No |
Long-term RSI | Measures momentum exhaustion | Well below overbought | No |
Golden Cross | Confirms bullish trend | Still active | No |
Bollinger Bands | Detects breakout extremes | Not overheated | No |
As long as these metrics stay within range, the trend remains upward.
Is It Too Late to Enter?
Not at all. This might still be the middle phase of the bull market, based on the data.
Here’s why:
- ETF inflows are still strong. Spot Bitcoin ETFs added $1.37 billion last week.
- Long-term holders are not selling. Exchange balances are steady.
- Institutional confidence is rising. Analysts from Bitget, CoinStats, and others all believe the rally has room to grow.
However, you should still manage your risks. Use stop losses, watch market news, and don’t get caught in hype. If you’re serious about trading smart, consider getting a crypto certification to sharpen your strategy.
What Could Slow the Rally?
Even in a strong bull market, risks remain. Here are a few triggers that could flip the trend:
- Geopolitical events – like a global conflict or sanctions
- Federal Reserve interest rate changes
- Sudden sell-offs by large institutions or whales
- Breakdown of technical support levels, especially below $100K
In April 2024, for example, the market reacted sharply to the Israel-Iran escalation. A repeat of that scale could impact the current run.
Crypto Bull Market Scenarios vs Risks
Scenario | Price Movement | Investor Action | Indicators to Monitor |
Bullish Peak Ahead | Moves toward $230K | Hold or ladder out | Watch Pi Cycle, RSI |
Sideways Consolidation | Hovers $100K–$150K | Accumulate cautiously | Stable MVRV and Bollinger |
Short-term Correction | Drops below $100K | Reassess stop losses | RSI spikes, ETF outflows |
Bear Market Trigger | Below key supports | Exit or hedge positions | Multiple indicators flashing |
Understanding these paths helps you stay grounded, not reactive.
How to Prepare for the Next Move
If you’re an investor, this is a good time to:
- Track market sentiment and on-chain data regularly
- Set clear profit-taking targets, especially near resistance zones
- Stay diversified, especially if this is your first full bull run
- Invest in your learning — market cycles follow data, not hype
Want to go beyond headlines? Upskill with a Data Science Certification to analyze blockchain patterns or pursue a Marketing and Business Certification to promote or manage crypto projects with deeper strategy.
Conclusion
All 30 indicators say the same thing: the Bitcoin bull run isn’t done yet. With no technical or on-chain signals showing danger, the current trend could continue toward the $230K mark.
That said, markets move fast. Stay alert, stay informed, and don’t make moves based on fear or greed. The tools are out there — you just need to use them smartly.