Bitcoin – Still Early 💸
The Pi Cycle Top & Bottom Indicator shows whether Bitcoin has gone through a cycle peak/bottom or not yet.
At the top of the chart, the crossing of the green (🟢) and orange (🟠) lines usually occurs three days after the peak. When you see this cross, it's the perfect time to cash out 💵.
At the bottom of the chart, the indicator line reaching the red zone (🔴) indicates a cycle peak, and the green zone (🟢) indicates the bottom of a bear market.
The current indicator values are characteristic of the middle of a bull market, similar to spring 2017 and autumn 2020. There hasn't been a signal for a cycle peak yet.
Save this to remember 🆗.