Bitcoin: Alt Alt Pi Cycle Top Based On Diminishing Returns
Unlike my previous Alternative Pi Cycle Top, I coded the multiplier (the # after close) to be multiplied by pi. Once I added a Pi Multiplier to the same moving averages as previous, I realized it then moved so that the 79 day MA (pi*25) x pi corresponded to the 2014 double peak, and following a 2x to the length of the moving average each market cycle gives you a historically accurate local top sell target.
If you're looking at this, I encourage you to view my previously posted model. This is a slight alteration that seems to make it more accurate. This is pure speculation, and not to be trusted.
If you're looking at this, I encourage you to view my previously posted model. This is a slight alteration that seems to make it more accurate. This is pure speculation, and not to be trusted.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.