BTC Pi Cycle Bullrun SignalHello friends
Today im going to show you a good reason for next Bullrun in Bitcoin.
Pi cycle includes 2 Moving Average:
One Long MA and One Short MA.
when we devide this 2 MA the result equals PI number (around 3.15)
The best Long MA is 471 DAY and the best Short MA is 150 DAY.
I illustrate them in BLX chart and yo see the last 2 times that Pi cycle Bottom works properly.
the first Bottom was on JAN 2015 and second Bottom was on JAN 2019 and NOW on JAN 2023 (as i show them with Red Circles in my chart)
the indicator signal a Potential Bottom for BTC.
If Short MA (RED) surpass Long MA(GREEN) we call it a PARABOLA and the Bottom confirmed.
If you think more about that you understand this cycle happened every 4 years actually on January.
2015 - 2019 and NOW 2023.
So i explained Technical and Time Cycle Analysis for this Strong Indicator.
Hope it predict Bottoms WELL.
Be Profitable
Thank You for reading my Idea
Share me your Opinion.
Do you think BTC make a bottom NOW?
Picyclebottom
Bitcoin long-term view - bottom time decreasing ??!!Bitcoin long-term view - bottom time decreasing ??!!
Of course only few BTC data points - but comparing the bottom phase 2015 and 2019 we can see a reduced length (10 month >> 4 month)
Will the current bottom phase (if we are in it) be again reduced ?!
Explanation:
red - candle of PI cycle bottom
yellow - candle breaking out on RSI
green - candle breaking out sideways action (start bull run)
What are your thoughts dear Crypto Nation?
*not financial advice
do your own research before investing
THE BTC BOTTOM IS RECORDED...!!!You can see the Bitcoin chart on the weekly time frame, which is placed on a reliable dynamic support . One of the practical indicators used in this analysis is Pi cycle bitcoin bottom . As you can see, this is the third time that the Bitcoin bottom signal has been recorded by this indicator. It is predicted that we will soon witness a new rally of Bitcoin as before...
Pi cycle low has fired.The pi cycle low indicator on a daily time frame has been a decent indicator for the cycle pivots on BTC for the last few years. This for me indicates the range to begin watching and officially restarting DCA strategies. This will be my second cycle I know this is hard for first timers. I've been there dropping a few Ks on BTC at 5k only to watch it sink to 3K it hurts...but looking back you just might surprise yourself. DCA is your friend. HODL and Zen out for a bit. Could go lower with the actual kerfuffle of a recession never having concurrently happened to crypto as the big tech companies report earnings and the FED hikes again starting on the 19th-27th respectively.
Honestly I'll take the waves it's worth the surfing experience even if you eat sandy mud and feel like you're drowning as you roll with the shorline once or twice. Failure the best teacher is. Fail small win big. Your wave will come.
Pi-Cycle Bottom PossibilityThis is the 2015 Pi-Cycle Bottom Indicator copy and pasted over the current price and aligned with yesterday's crossing. There are some similarities between the price action in 2015 and now. If something similar plays out, we may see some significant downside in the next few days. This wouldn't be a surprise as the CPI print yesterday was 9.1% and downside in most markets is to be expected.
Similar to yesterday, in 2015 the price was in a small uptrend when the indicator crossed, which turned out to be a bull trap. This could play out in a similar fashion.
"bTc hAs No VaLuE AnD WiLL CrAsH bELoW 10K"...PI CYCLE BOTTOM!!!I LOVE PICKING BOTTOMS...AGGRESIVELY...WITH HARD WOODEN STICK!!! xD
P.S. I saw the 111DMA has almost crossed the "350DMAx2" in the beginning of April 2021 and COULD NOT STOP LAUGHING ABOUT THE MORONIC PI CYCLE "INDICATOR" WITH IDIOTS LOOKING AT IT BECAUSE WE WERE GOING TO 100K FOR BTC "AT LEAST" AND WAS EVEN ASKING IN TWITTER IF SOME STAGRAM FLUENCER RIGGED THOSE LINES FOR FAKE FAME....a month later in the middle of May -> ELON MUSK AND THE CHINESE COULD NOT STOP LAUGHING AT OUR STUPIDITY TO THINK IT IS GOING STRAIGHT TO 200K 500K AND THE MOON............
Will act accordingly this time instead of ridiculing SIMPLE MATH and those obviously clever guys that came up with that EXACT (+-2 days) TRIGGER FOR BTC TOPS AND BOTTOMS! =)
Pi-Cycle Bottom Will Cross Tomorrow Most LikelyThe Pi-Cycle Bottom will most likely cross tomorrow.
If the indicator remains predictive, and consistent with itself, the bottom should occur within a few days of it crossing.
This would imply significant downside coinciding with an important CPI/Fed meeting this week.
There is precedent for the indicator crossing and BTCUSD falling -40% within the following few days.
I've wavered quite a lot on the question of whether the macro bottom is in. Mostly due to Ben Cowen's credibility and views, I'm currently leaning towards the bottom not being in and significant downside still to come. The pi-cycle bottom crossing in this context may impy we will see a large downside move in the next week.
ADA: Pi Cycle bottom 30% away and the Top 150% awayThe Pi Cycle bottom is 30% away and the top 150%, it is interesting whether ADA will again break through the Pi Cycle bottom.
Windowing: 1 year time frame
Historically, ADA had multiple overbought situations during the year 2021 and now the valuation levels are becoming more normal and overvaluation is disappearing.
No financial advice.
Bitcoin Pi-Cycle Bottom IndicatorBack in June, I managed to find two moving averages that only cross when Bitcoin reaches it's cycle bottom, similar to Philip Swift's Pi-Cycle Top indicator.
The Pi-cycle pair used here is the x0.475 multiple of the 471SMA and the 150EMA (EMA to take into account of short term volatility).
I have an in depth analysis on my medium page.
Trader Dončić