picyclebottom

$BTC | Pi Cycle Bottom is the inverse of Pi Cycle Top. Formula: 150-day moving average divided by (471-day moving average times 0.745). When the ratio crosses below 1, late-bear-market accumulation is statistically near.

Historical fires: Jan 2015 within weeks of the cycle bottom at USD 178. Dec 2018 within the FTX-collapse-prequel window before the USD 3,200 floor. Nov 2022 within 6 weeks of the USD 15,700 floor.

Honest limitation: it is binary, not graduated. The cross fires once and you know late-bear is near; you do not get a smooth gradient telling you how close.

Inside the SatoshiMacro Model it sits in Tier 1 Valuation at low individual weight but high confluence value at bottom inflections.

https://satoshimacro.com/tools/crypto/cycle-indicators/bitcoin-pi-cycle-bottom-indicator/

#SatoshiMacro #PiCycleBottom #OnChain #Bitcoin