BTC is nearing its end cycle. Pi Cycle Indicators
BTC is nearing its end. Either we fail at the local .702 retrace and fall into a deeper short time frame correction and reset this Pi Cycle indicator a bit, or we go for a blow off top. If we continue to climb here without any major corrections we should see the end of the BTC move and we will enter another bear market. I believe as we reach this blowoff top money will flow from BTC into alt coins. I suggest you get in position soon as the ROI for BTC is done. This is NOT financial advise, but the chart does NOT lie. For the new traders out there, I will keep it simple. When those two green and orange lines cross, the top of Bitcoin is in.
Another Idea is this fractal of 2013 repeats, where we get a blow off top indicator twice. Similar in 2013 we had the first top in April 2013, followed by a retrace for a few months, then a push to another Pi Cycle top. This is possible. What we see after that is a very long bear market.
Another Idea is this fractal of 2013 repeats, where we get a blow off top indicator twice. Similar in 2013 we had the first top in April 2013, followed by a retrace for a few months, then a push to another Pi Cycle top. This is possible. What we see after that is a very long bear market.
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