Pi Cycle Top [maxty]

For the Bitcoin Pi Cycle Top Indicator (using the 111DMA and 350DMA x 2), you should use the Daily (D) chart.

The Bitcoin Pi Cycle Top Indicator is a technical analysis tool used to predict potential market tops in Bitcoin’s price cycles. It was created by analyst Philip Swift and relies on the interaction between two specific moving averages: the 111-day moving average (111DMA) and a 2x multiple of the 350-day moving average (350DMA x 2). The indicator signals a possible peak when the shorter 111DMA crosses above the longer 350DMA x 2, suggesting that Bitcoin’s price has reached an overheated, unsustainable level relative to its historical trend.

It has accurately flagged Bitcoin cycle tops in past bull markets, typically within a few days of the peak.