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The CBBI, identify the timing the end of the Bull Run cryptos

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Introduction: The bitcoin price is a highly cyclical market structured around the halving event that takes place every 4 years. BTC's last halving took place in April 2024, and it is around this event that our current cycle is structured, which should end at the end of 2025 if and only if the cycle repetition still applies (Bitcoin's famous 4-year cycle).
To find a more precise time frame for the end of the current crypto bull run, there are a number of indicators, some of which are based on Bitcoin blockchain data. This is particularly true of the CBBI Index, which we'll be presenting in this new TradingView analysis.
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1) Definition of the CBBI Index (Colin Crypto Bitcoin Bull Run Index)

The CBBI Index, an acronym for Colin Talks Crypto Bitcoin Bull Run Index, is an indicator developed by Colin Talks Crypto, a well-known analyst and popularizer in the crypto-currency community, notably on YouTube. Its aim is to give a global reading of the Bitcoin market's position in its cycle, by combining several technical and on-chain indicators.
The CBBI synthesizes all these indicators and calculates a final score. It is the value of this score that tells us whether the Bitcoin price is close to the beginning of its bullish cycle or close to the end of its bullish cycle.
Rather than relying on a single volatile indicator, CBBI compiles nine major metrics such as MVRV Ratio, RHODL Ratio, NUPL and Reserve Risk.
The result is expressed in the form of a score from 0 to 100:
A score close to 100 suggests that the market is overheating, that the final peak of the cycle is in sight, and that there is therefore a risk of a downward reversal.
Conversely, a low score (close to 0) indicates a probable end to the bear market, and an increased likelihood of the cycle reversing upwards.
Looking at the chart of the CBBI Index (the green curve on the graph below) overlaid with the bitcoin price, we can see that the CBBI Index has been highly relevant in identifying the beginnings and ends of bullish cycles for BTC.
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2) The current CBBI Index score suggests that the crypto bull run is not yet over


The current CBBI Index score is below 80 and is still a long way from the bull run end identification zone. Naturally, no single indicator is relevant on its own, so we'll need to combine the CBBI Index with other indicators influencing the crypto market, in particular the underlying trend in global liquidity and the theoretical price targets from the graphical analysis of bitcoin's long-term price charts.




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