Bitcoin Events and the PI Cycle Top Indicator

### Chart Description:

*Title:* Bitcoin Weekly Cycle Analysis with Key Indicators and Events

*Time Frame:* Weekly

*Indicators:*

- *Pi Cycle Top Indicator:*
- This indicator uses two moving averages:
- 111-day Moving Average (111DMA)
- 350-day Moving Average multiplied by two (350DMA x 2)
- *Functionality:* When the 111DMA crosses above the 350DMA x 2, it historically signals that Bitcoin might be reaching a peak in its market cycle. This indicator has been noted for its accuracy in predicting Bitcoin's market tops to within days.

*Event Markers:*

- *U.S. Election Dates:*
- Marked on the chart are vertical lines at the points where U.S. presidential elections occurred. This helps in analyze how political events influence Bitcoin's price movements.

- *Bitcoin Halving Dates:*
- Highlighted with vertical lines. Bitcoin halvings occur approximately every four years, reducing the reward for mining new blocks by half, which typically impacts Bitcoin's supply and often leads to price appreciation due to increased scarcity.

*Cycle All Time Highs:*

- Place markers on the chart where Bitcoin has reached its all-time highs in each cycle. This can provide context on how close the peaks are to halvings or elections, potentially illustrating patterns or correlations.

*Price Prediction*

$148 in Q3 2025