Pi Cycle Bitcoin High/LowThe theory that a Pi Cycle Top might exist in the Bitcoin price action isn't new, but recently I found someone who had done the math on developing a Pi Cycle Low indicator, also using the crosses of moving averages.
The Pi Cycle Top uses the 2x350 Daily MA and the 111 Daily MA
The Pi Cycle Bottom uses the 0.745x471 Daily MA and the 150 Daily EMA
Note: a Signal of "top" doesn't necessarily mean "THE top" of a Bull Run - in 2013 there were two Top Signals, but in 2017 there was just one. There has been one in 2021, but on-chain analysis and macro TA is pointing to there possibly being another one in 2021 or early 2022. Regardless, combining the two indicators (Top and Bottom) means the MAs that converge first will likely give good indication of which will cross first in the next few years.
There is as much of a chance of two "bottom" indications occurring in a single bear market, as nearly happened in the Liquidity Crisis in March 2020.
CYCLE-TOP
Sharktank - Pi Cycle PredictionThe Pi Cycle indicator has called tops in Bitcoin quite accurately. Assuming history repeats itself, knowledge about when it might happen again could benefit you.
The indicator is fairly simple:
- A daily moving average of 350 ("long_ma" in script)
- A daily moving average of 111 ("short_ma" in script)
The value of the long moving average is multiplied by two. This way the longer moving average appears above the shorter one.
When the shorter one (orange colored) crosses above the longer (green colored) one, it could mean the top is in.
These moving averages rise at a certain rate. Using these rates we could try to estimate a possible crossover moment. That's exactly what this indicator does! It gives the user a prediction of when a crossover might happen.
Special thanks to:
- Ninorigo, for making his indicator public. This one uses his as a starting point.
- The_Caretaker, for coming up with this idea about calling a top. Yet, his is more price-based, this one is more time-based.
