Is Bitcoin Edging Closer to the End of a Bear Market?

The back and forth experienced in the Bitcoin (BTC) market might soon come to an end based on various indicators, according to a crypto analyst under the pseudonym PlanB.

PlanB, who is the creator of the Stock-2-Flow (S2F) model, acknowledged:

“Realized Price / Moving Average (RPMA, purple) shows the Bitcoin cycle best. Relative Strength Index (RSI, yellow) is similar but can be misleading at critical times (e.g., 2nd half 2021). The good news: the bear market is almost over. Waiting for RPMA and RSI to start rising again.”