OPEN-SOURCE SCRIPT

Bitcoin Pi Cycle Top Indicator - Daily Timeframe Only

업데이트됨
1 Day Timeframe Only

The Bitcoin Pi Cycle Top Indicator has garnered attention for its historical effectiveness in identifying the timing of Bitcoin's market cycle peaks with remarkable precision, typically within a margin of 3 days.

It utilizes a specific combination of moving averages—the 111-day moving average and a 2x multiple of the 350-day moving average—to signal potential tops in the Bitcoin market.

The 111-day moving average (MA): This shorter-term MA is chosen to reflect more recent price action and trends within the Bitcoin market.

The 350-day moving average (MA) multiplied by 2: This longer-term MA is adjusted to capture broader market trends and cycles over an extended period.

The key premise behind the Bitcoin Pi Cycle Top Indicator is that a potential market top for Bitcoin can be signaled when the 111-day MA crosses above the 350-day MA (which has been doubled). Historically, this crossover event has shown a remarkable correlation with the peaks of Bitcoin's price cycles, making it a tool of interest for traders and investors aiming to anticipate significant market shifts.

#Bitcoin
릴리즈 노트
The Bitcoin Pi Cycle Top Indicator has garnered attention for its historical effectiveness in identifying the timing of Bitcoin's market cycle peaks with remarkable precision, typically within a margin of 3 days.

It utilizes a specific combination of moving averages—the 111-day moving average and a 2x multiple of the 350-day moving average—to signal potential tops in the Bitcoin market.

The 111-day moving average (MA): This shorter-term MA is chosen to reflect more recent price action and trends within the Bitcoin market.

The 350-day moving average (MA) multiplied by 2: This longer-term MA is adjusted to capture broader market trends and cycles over an extended period.

The key premise behind the Bitcoin Pi Cycle Top Indicator is that a potential market top for Bitcoin can be signaled when the 111-day MA crosses above the 350-day MA (which has been doubled). Historically, this crossover event has shown a remarkable correlation with the peaks of Bitcoin's price cycles, making it a tool of interest for traders and investors aiming to anticipate significant market shifts.

#Bitcoin
Bitcoin (Cryptocurrency)halveninghalvinghalving2024Moving Averagespicyclepicycletoppicycletopindicator

오픈 소스 스크립트

진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.

차트에 이 스크립트를 사용하시겠습니까?

면책사항