Bitcoin's Anticipated Crash May Be Overblown

The Stock-to-Flow reversion indicator keeps hovering above 1 but hasn't hit those eye-popping extremes we saw in previous cycles. What does that tell us? Bitcoin is currently navigating a late-stage expansion phase, with early consolidation signals starting to emerge—definitely not screaming a top-of-the-market scenario.

Look at the trend structure. It's holding up pretty solid. Even as momentum starts showing some fatigue, the foundational support remains intact. This kind of setup typically precedes either a push higher or a healthy sideways grind, not an immediate crash. The market's narrative around an imminent collapse might be getting ahead of the actual technical picture.