The Pi Cycle Top Indicator was pretty accurate the past two market cycles and things are getting pretty heated with regards to this this current market cycle. The RSI sits just above 91 as well and historically 97 is another indicator that the market has reached a top. I know everyone is calling for 200k BTC this market cycle but what if we get bamboozled. Just...
Greetings! Bitcoin looks like it is primed for a final leg of its parabolic move based on a series of indicators which would suggest that alts will be topping in the months afterwards. Log Growth Curves by quantadelic These curves were based on calculations made in October of 2019 and so far have done a really good job of informing users on price action. ...
BTC is nearing its end. Either we fail at the local .702 retrace and fall into a deeper short time frame correction and reset this Pi Cycle indicator a bit, or we go for a blow off top. If we continue to climb here without any major corrections we should see the end of the BTC move and we will enter another bear market. I believe as we reach this blowoff top money...
The trend has obviously been up and bullish but the chance of a double top remains real until it has passed. There have been many times over my trading career where I did both a bullish and bearish scenario "just in case" and was biased in the wrong direction for my initial position. Sometimes I did a good job switching my trades and some times not. But really,...