Pi Cycle Says Bitcoin’s Bull Market Just Ended (and Nobody Cares)

Written by MarkHelfman | Published 2021/05/08
Tech Story Tags: bitcoin | bitcoin-price | bull-market | when-will-bitcoin-price-peak | cryptocurrency-investment | money | btc | investing | web-monetization

TLDR The Pi Cycle is a measure of bitcoin’s price across two timeframes displayed as lines on a chart. When the lines cross, bitcoin hits its peak and goes into a bear market. The lines crossed two weeks ago, just before bitcoin hit its all-time high of $65,000. Everybody dismissed it as a signal for the market cycle peak. Maybe we’re looking at the wrong Pi Cycle? Or perhaps the Pi Cycle isn’t as much of a concern as everybody thinks.via the TL;DR App

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Written by MarkHelfman | Editor, Crypto is Easy newsletter. #1 writer, Medium. Bitcoin author, analyst, commentator.
Published by HackerNoon on 2021/05/08