Is Bitcoin heating toward a cycle top?
This watches two of Bitcoin's price averages — a fast one and a slow one. When they meet, it has marked the top of past cycles within days.
This tracks a long-standing top-spotter called the Pi Cycle Top — built from two of Bitcoin's own price averages, a fast 111-day line and a slow 350-day line. Read more
- Lately the two price lines have been drifting further apart — a touch cooler.
- This signal has fired 4 times in Bitcoin's history — each landed close to a major cycle peak.
- It is still sitting quietly, far from the level that has marked past tops.
The line climbs toward 1.0 as the fast and slow price averages converge. The red markers show the rare moments they met — each near a cycle peak.
If the fast price line keeps climbing toward the slow one and they meet, it would repeat the signal seen near past cycle peaks.
If the gap between them holds or widens, it stays quiet — this gauge spends most of its life saying nothing.
Understanding Pi Cycle Top Indicator
The Pi Cycle Top indicator tracks two moving averages of Bitcoin's price: a fast one (the 111-day average) and a slow one (the 350-day average, doubled). For most of the cycle they sit far apart. The signal fires on the rare days the fast line rises up to meet the slow one.
In Bitcoin's history, those crossings have landed remarkably close to major price peaks — usually within a few days. That's why it's watched as a top-spotter. It says nothing about bottoms and stays silent for years at a time.
Think of it as a smoke alarm for cycle tops: quiet almost always, loud only when things are running hot. Like any single gauge it isn't a guarantee — best read alongside the other cycle measures rather than on its own.