Zoom in with touchscreen: Touch and hold with ONE finger then drag.
Zoom in on desktop: Left click and drag.
Reset: Double click.
This indicator calculates the rate of change of two moving averages over the past 14 days and projects that same rate into the future. The result is an estimate of when these two moving averages will cross.
Historically, when the moving averages cross, the price of Bitcoin has often been near a cycle top, signaling a potential market reversal.
The Pi Cycle Top Prediction tool helps estimate when Bitcoin’s bull market may be nearing its end. When the 111-day moving average (111DMA) approaches the 350-day moving average multiplied by two (350DMA x2), it suggests that Bitcoin’s price might be rising unsustainably.
Historically, after this crossover, Bitcoin’s price has corrected, often leading into a bear market. Therefore, this indicator can serve as a valuable risk management tool, alerting Bitcoin investors when market conditions may be overheating.
The Pi Cycle Top indicator was created by Philip Swift, the Managing Director of Bitcoin Magazine Pro (formerly Look Into Bitcoin).
The idea of estimating when the moving averages of the Pi Cycle Top will cross was originally introduced by Matt Crosby, the Lead Analyst of Bitcoin Magazine Pro, in this analysis video.
Two related charts are the original Pi Cycle Top indicator and the Pi Cycle Top AND Bottom indicator.
Pi Cycle Top and Bottom Indicator.
Uses Bitcoin's growth adoption curve and market cycles to identify both intracycle and full-cycle price highs.
The proportion of days in Bitcoin's traded history that it has been profitable to hold Bitcoin
Access the Bitcoin and Global Macro Charts that really drive Bitcoin’s price.
+40 chart alerts. Never miss critical levels on charts again.
Analysis newsletter. Manage your emotions at market extremes.
Private Tradingview indicators. See Bitcoin chart levels in real time!
Cancel anytime.
Any information on this site is not to be considered as financial advice. Please review the Disclaimer section for more information.