watch
Pi Cycle Peak Indicator Signals Bitcoin Growth End
The Pi cycle peak indicator relies on two moving averages: the 111-day (red line) and double the 350-day (green line). When the red line crosses the green line from below, it often signals the end of the Bitcoin growth phase.
Currently, there's a 77% chance this hasn't happened yet, indicating the phase of growth could continue. The metric data shows Bitcoin price at approximately $105,512, with the 350-day moving average doubled at around $168,316. The upcoming key dates span from May to February 2025, which could be critical points for observing trend reversals.
Source available for registered users Sign Up Free
AI Analysis
The Pi cycle peak indicator is a widely recognized method among traders and analysts to anticipate market cycle peaks, especially in Bitcoin. By comparing the shorter-term 111-day moving average with ...
AI Recommendation
Given the current position of the Pi cycle indicator, it is advisable for traders and investors to prepare for a potential trend reversal around the upcoming dates. Those holding long positions might ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.