Quote from: Millionero on March 13, 2021, 07:41:18 PM

new post from PentarhUdi
https://www.tradingview.com/chart/BTCUSD/zzbhCPLm-Long-term-targets-approaching/

What do you think about the pi cycle top indicator as a tool for predicting large corrections or the top? They will cross soon. Maybe we will reach the $100K in short time and then correction? That would fit with Masterluc's thesis.

Quote

Cycle Top is useful to indicate when the market is very overheated. So overheated that the shorter term moving average, which is the 111 day moving average, has reached a x2 multiple of the 350 day moving average. Historically it has proved advantageous to sell Bitcoin at this time in Bitcoin's price cycles