Cumulative Value Destroyed Days (CVDD) is the ratio of the cumulative USD value of Coin Days Destroyed to the market age (in days). Historically, this indicator has been an accurate indicator of absolute market bottoms, such as 2015, 2019, 2020, and the latest bottom in 2022.

Because of the near-perfect accuracy of historical bottoms, based on this data, I added the CVDD to the 50-day moving average of market prices to create the "Accessing Tops" indicator.

With the "Accessing Tops" indicator, we see that whenever the market price touches or exceeds this indicator, it indicates that the market price is hot and will usually approach a correction trend. The signs on the chart have recognized this.

In a bull market, Bitcoin will also approach or be near its cycle top when the market price begins to sustain above the indicator threshold.

At least for now, with the momentum that spot ETFs will be approved soon, and if there is no bad news, only good news, the next peak could happen as short-term investors decide to hold positions and continue to push BTC up to reach the index threshold.