Using the Pi Cycle Bitcoin High/Low indicator, I have a really rough estimate at whether the indicator may cross before the end of the year.
Don't look for advice here, or science, or even well rounded Math - this is strictly an artistic look at whether price could cause the moving averages to cross.
If you find the thought process entertaining, leave a like, and if you don't, share your own publication with me that explains your point of view.
If you want more scientific analysis, search for jclcapital and #CTM on Twitter. They do much more cleverer work than me.
only thing we should learn from this cycle is that you should not compare it with previous cycles
NoCreditsLeft
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@Hossein_Rezaei1, Bingo. I've spent the last 12 months listening to people shift goal posts as this cycle progressed. In reality, we know nothing, and the market does what it wants. There have been some good learnings from this year though.
ram4nd
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Ignoring the current head and shoulders, he draws a more bullish head and shoulders. That would fit the biased view.
NoCreditsLeft
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@ram4nd, for those who watch #CTM on their discord, YouTube, they had posited the theory that the bull run finished around 21 Dec, but that it would do so without triggering the Pi Cycle Top indicator. This is merely a theory in response that it might still have happened, that’s all. Please see the quote in my signature about opinions, and please refrain from posting troll comments on old posts about how wrong they were, that doesn’t help anyone.