Can we trust the Pi cycle btc top indicator??

So, i'm really wondering, can we trust this indicator enough on this one?
I mean, price recently went higher than the last top in april around 65k.

So, since we've recently seen 69k , but no new top indication, can we assume the top is not in yet?
If 69k was the top, the signal should have flashed already right? Even though it sometimes comes with a slight delay...

Any thoughts? Much appreciated !

Happy trading !

Commentaire:

For this matter i'm looking at the 2013 situation in particular where we got a second signal shortly after going higher than the previous signal which ended part 1 of that bull run. However, in this case we kept going up after breaking previous cycle top level whereas right now we seem to be struggling right after breaking that same top level ... Even worse, we went below it again BUT , and this is where my question comes from, we don't get a new top signal printed on the 69k level... why? Is the indicator broken? has its delay become bigger instead of smaller as you would expect ( more and more data to calculate) orrrrr is it much simpler and the reason is simply that the top is not in yet.

Please share your thoughts. Thx