BTC Double Top Idea (2025 Q4)

Not my base case but a possible scenario for a wildcard cycle with diminishing returns. While ETFs flows are adding noise, on chain metrics are still a great sanity/narrative checks. Will be looking to layer exits based on key price targets as well as time based profit taking (Q2 2025).

Key On Chain Metrics are MVRV, Puell, Value Days Destroyed (VDD), Realized Cap HODL Waves and some others.

Let me know what you think.