Pi cycle bottom indicator has been historically very accurate to mark the bottom or a close bottom! It has been turned on now! which means that: 1. $21k BTC was the bottom; 2. or very close to the bottom. Historically, BTC saw a major capitulation on a black swan event after the Pi cycle bottom. So: 1. BTC could potentially see a dip below $21k in the...
Bitcoin PI Cycle comparison Interesting to see that in 2014, 2018 and now in 2022 the downside from a significant market structure to the PI Cycle Bottom signal🔺🟢was about -47% so far Follow appreciated 🤗 dear BTC and Crypto Nation 😎 Let me know your thoughts 🤔 *not financial advice do your own research before investing
How would you rate the entry points (yellow cycles) for Bitcoin when you look at the naked chart (see below in the comments)?? We got quite nice entry-points for Bitcoin with less or no more downside every time when the PI Cycle Indicator MAs had a distance of 195% Of course that is no guarantee for the future and the MAs distance was higher at some points......
I wrote a huge detailed description on why I came to share this chart. I deleted it, Long story short. Ignore all the news and listen to the charts, People screaming for 8K. People screaming that is is certain we will go to zero. I don't buy this nonsense, The lower it goes the more they will load there bags. Don't be fooled All I know is ignore all the news and...
⚡️ #BTC OUTLOOK - 19/07⚡️ 60:40 Bullish: Bearish Been keeping an eye on the Pi Cycle Indicator recently and it looks like the bottom has come in. This thing has called a perfect top consistently. Like with all TA and Indicators nothing works 100% of the time....but so far this has worked 100% of the time.....so as always in trading probability is pretty much...
The pi cycle low indicator on a daily time frame has been a decent indicator for the cycle pivots on BTC for the last few years. This for me indicates the range to begin watching and officially restarting DCA strategies. This will be my second cycle I know this is hard for first timers. I've been there dropping a few Ks on BTC at 5k only to watch it sink to 3K it...
This is the 2015 Pi-Cycle Bottom Indicator copy and pasted over the current price and aligned with yesterday's crossing. There are some similarities between the price action in 2015 and now. If something similar plays out, we may see some significant downside in the next few days. This wouldn't be a surprise as the CPI print yesterday was 9.1% and downside in most...
Pi cycle bottom and top indicator has been pretty accurate over the history of bitcoin price action. It is currently once again flashing "bottom." If history repeats itself we may see a price action similar to what I projected in the chart aligned with the long term trendline. The Pi Cycle Indicator forecasts the cycle top and bottom of Bitcoin’s market cycles....
Before we dive deeper into the analysis I want to give a quick overview of what the pi-cycle bottom indicator is, "The indicator comprises a 471-day simple moving average (SMA) and a 150-period exponential moving average (EMA). Furthermore, the 471-day SMA is multiplied by 0.745; the outcome is pitted against the 150-day EMA to predict the underlying market's...
The Pi-Cycle Bottom will most likely cross tomorrow. If the indicator remains predictive, and consistent with itself, the bottom should occur within a few days of it crossing. This would imply significant downside coinciding with an important CPI/Fed meeting this week. There is precedent for the indicator crossing and BTCUSD falling -40% within the following...
According to Pi Cycle indicator we are very very close to the bottom. May be this week the indicator will give the bottom signal? Bottom formation and accumulating there for months is a head
We are a few dollars away from seeing a new buy signal from the Pi cycle bottom indicator. Nothing is guaranteed in trading but if you zoom out the chart you will notice that Pi Cycle has not failed yet EVER.
This post looks at the following items to assess BTC possible upcoming cycle accumulation ranges, next cycle bottom and historic lowest price possible: * Cycle Bottom Indicator & CBI Extensions * Log Chart key support and resistance levels * 200W SMA (Simple Moving Average) Historic Cycle Bottom Support * Historic Cycle Accumulation Zone * 300W SMA...
Supporting Chart to be considered with respect to the below posts Cycle Bottom Indicator - First Live Test Approaching? Bitcoin Cycle Accumulation Zones -150W & 200W SMA
A quick update relating to our previous post. BTC has continued its trend to quickly drop to the 200W SMA once it has broken the 600D SMA and we are now in our Golden Box accumulation zone between the 150W SMA and the 200W SMA with potential to drop down to the green box and visit the 300W SMA. If our 'BTC - Historic Over Bought / Sold MAs' indicators holds...
This post uses the pi cycle indicator to examine the market bottom in this cycle. The indicator has not given a signal of market bottom. Examining this indicator in previous cycles, it seems that bitcoin is in the pre-bottom phase. At this point, the price has moved between the SMA 471 and EMA 150. RSI indicator in the previous bottoms of the market also shows...
See my previous Idea for the beginning of this thought process... If BTC would Double Pi Cycle Top this time it would probably be a longer time between tops BTC dropped 50% in 14 bars/weeks so far this time... Top to Top was 35 weeks in 2013-14 and 4.5X This time I gave it 55 weeks , not quite double and a 4X to $260K the chart is in log Scale so boxes mark a Log...
Looks similar to this cycle. will compare in next post. Took 35 weeks top to top 4.5X Pi Cycle top to top, would be 275K this time... Dropped 70% from first Pi Cycle top to next low Low between tops took 13 weeks from first top. now I'll post a second post in a minute to compare the two, so follow this