OPEN-SOURCE SCRIPT
Pi Cycle indicator for Bitcoin bull market cycles
A simple implementation of the Pi cycle indicator for BTC. Plots the 111 days SMA and 2*(350 days SMA).
When the 111 days MA reaches above the 350 one, we can consider the market got too high too fast.
Checked for the last cycles of BTC.
When the 111 days MA reaches above the 350 one, we can consider the market got too high too fast.
Checked for the last cycles of BTC.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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