$BTC Some metrics like SMII or others which you've seen across X are already bottomed out. Here, that happened in February this year. Not only that... bullish divergence is starting to form.

So, how is this not the cycle bottom then?

Take March 2024 for example. It measured as a cycle top across almost every metric at 74k, but two more highs followed in 2025 at 112k and 124k alongside bearish divergences.

Or June 2022, which measured as a cycle bottom but the real one was not until November that year with a bullish divergence.

There are other logarithmic/rainbow models this cycle that are at their absolute lows and on the verge of collpase. I think these models will fail.

Data interpretation is a tricky game.