NoCreditsLeft

Pi Cycle Bitcoin High/Low

NoCreditsLeft Mis à jour   
The 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.
Notes de version:
On April 19 2024 (UTC) the Fourth Bitcoin Halving took place, as the 840,000th block was completed.

The Pi Cycle Bitcoin High/Low indicator was updated to show this event.

Thank you for your continued support of this indicator.
Notes de version:
Follow me on X: @0creditsleft
Notes de version:
Thank you Crypto, for delaying a few minutes and allowing the UTC time to change to 4/20
Last cycle top 69K
Cycle halving 4/20
Hahaha brilliant

#CTM
#TradersReality

"In a realm of uncertainty opinions are irrelevant."
- @Tradersreality
Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Vous voulez utiliser ce script sur un graphique ?