Pi cycle indicators have perfectly predicted the market tops and bottoms the past few years, let's see if it can predict the bottom here on btc once more, or if inflation fears will drive stocks and crypto lower.
In this post, I tried to use from Pi Cycle Top Indicator for finding similar movements between two cycles, First cycle:2013-2014-2015 , Second cycle : 2020_2021_2022 .
🔅 Indicator Overview 🔅
The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days.
It uses the 111-day moving average...
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
(Republishing my share on Mamocoin's new pi cycle top indicator, as I forgot TW's House Rules and included a youtube link.)
I just wanted to share a new pi cycle top indicator created by www.tradingview.com
I made some very minor changes to it in order to also identify BTCUSD's 1st peak in what I call the Consolidation Phase, but the original indicator is...
The Pi Cycle Top Indicator as created by Philip Swift has caught the eye of many traders and analysts (Including myself) as a possible tool to "call the top" of this market cycle.
It is giving the "Signal" now, so should I automatically sell as it has always been a good idea previously to sell when the signal is given??
I would say that we can disregard the Pi...
Welcome everybody,
My name is Rutger and today i want to discuss the Pi Cycle Top indicator. I think that the Pi cycle top indicator does not work in this bull run. Because this time is really different than other bull cycles, it is never good to say that this time is different, but I will show you why it is really different this bull cycle.
First of all bitcoin...
