Pi Cycle Top Indicator has not crossed to warn of the peak
How to calculate, work, and read the indicator
It is a technical analysis tool used to identify potential peaks in Bitcoin price during bullish market cycles. This indicator is based on the crossover of two moving averages
1- The Simple Moving Average (SMA) for 111 days
2- The Exponential Moving Average (EMA) for 350 days multiplied by 2
How it works
When the 111-day SMA crosses the 350-day EMA × 2 from below to above, it indicates a potential peak for the bullish market.
This indicator accurately predicted Bitcoin peaks in 2013, 2017, and 2021
As shown in the image
The orange line is the DMA 111
The green line is the DMA 350 multiplied by 2
When they cross, it marks the peak area of the cycle, which happened in 2013, 2017, and 2021