So I think you're sort of right. However, you need to consider the top will be much earlier in this cycle, not later. Everyone is expecting a similar cycle into September highs, but that's how ppl get drawn into holding a position longer than they should.
I really wonder why you follow PI so accurate ? Is it because majority of traders follow it like the Bible ? Or do you stand on it cause in past predicted the tops ? I can't understand why two simple moving averages are able to predict the future price peak. On the other hand, MA projection in straight lines is totally wrong. MAs will reform dynamically as BTC price varies.
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500 days only happened 2 times. The first cycle was 300 dayes. 2 times doesn't make it a certainly
I think it’s important to note that this indicator was introduced I believe in 2019. May need more cycles to really know if it holds weight
Thanks for the vid - very informative. Which MAs are you using here please?
So I think you're sort of right. However, you need to consider the top will be much earlier in this cycle, not later. Everyone is expecting a similar cycle into September highs, but that's how ppl get drawn into holding a position longer than they should.
First pullback happening till next rally!
Thank you for enlightening us for the future.
Thanks for the update
How u gon call it the day of
The cross is lower with each cycle, last one barely touched, this one might top out at roughly 0.92
It literally passed right through that average in the middle of the 2021 bull run.
Thank you for the great explanation
10 months after btc ath alts potentially peak. Currently, September. But this could be a memecoin mania to the usual 6-9 november bear switch
Just dropped to low 92s, hope that's enough for now 😂
Thanks as always for your brief but informative videos 🙏
Such a clear video thanks ❤
Honestly, this video is giving me some serious deja vu of the 2017 cycle! Could we see history repeat itself, or are we overdue for a market reset? 🔮
When around 210 days into the cycle
Great call , smst is doing well 😂
Hint : if everyone follows the indicator because it worked well before, then it's likely not going to work the next time
Great video
Im scared please help me 😢
nice
Lol have to catch these before the market shakes breh
I really wonder why you follow PI so accurate ?
Is it because majority of traders follow it like the Bible ?
Or do you stand on it cause in past predicted the tops ?
I can't understand why two simple moving averages are able to predict the future price peak.
On the other hand, MA projection in straight lines is totally wrong. MAs will reform dynamically as BTC price varies.
first
Boom 1st to comment 🎉