2021 Bulls are smarter than 2017, it will be difficult for market markers to trick these traders and trap them this time. so better to drop it and let it be instead of manipulation.
I know institutions are capable of flipping the charts but it won't be in their favor if they do so.
Shouldn’t it be used on the daily where it signal the top with 3+/- days accuracy? It crossed today btw
TheJohnSmith123
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@fabionebiondo, better to watch monthly than daily if we are talking about the macro picture.
tops don't form on daily basis.
fabionebiondo
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Im saying the indicator was meant to be used on the daily i think
TheJohnSmith123
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@fabionebiondo, Believe me as much as you want i want that too, that this top get invalidat and we will see infinity gains in bitcoins for years till 2024 halving.
on daily time frame one tweet or a one good news can invalidate the pi indicator that flashes currently, so better to look it into monthly to anticipate better, if you see in april 2013 bull run when pi top indicated there is a big wick of 86% happens ! before going down, so similarly we can witness a big monthly wick to upside before going down.
i wish and hope institutions wont unload their bags this month or next.. else top confirmed.