Pi cycle btc indicator
In summary and because I am in a good mood, I am sending you this info.
Ps reading my tweets is good, liking and subscribing is even cooler đ
This is the bitcoin indicator
It uses the 111-day moving average (111DMA) as well as a new measure based on the 350-day moving average, multiplied by 2, or 350DMA x 2.
The multiple concerns the price values ââof the 350DMA, not the number of days.
Over the last three market cycles, when the 111DMA increases and crosses the 350DMA x 2, it coincides with a peak in the price of Bitcoin.
350 / 111 = 3.153, a number very close to Pi = 3.142.
In fact, it is the closest ratio to Pi that can be obtained by dividing 350 by an integer.
So in summary: according to the graph, BTC has not reached its TOP đ
Happy New Year to all