OPEN-SOURCE SCRIPT

Bitcoin Cycle [BigBeluga]

Bitcoin Cycle Indicator is designed exclusively for analyzing Bitcoin’s long-term market cycles, working only on the 1D BTC chart. This indicator provides an in-depth view of potential cycle tops and bottoms, assisting traders in identifying key phases in Bitcoin’s market evolution.

🔵 Key Features:
  • Heatmap Cycle Phases: The indicator colors each cycle from blue to red, reflecting Bitcoin’s market cycle progression. Cooler colors (blue/green) signal potential accumulation or early growth phases, while warmer colors (yellow/red) indicate maturation and potential top regions.
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  • All-Time High (ATH) and Future ATH Projection: Tracks the current ATH in real-time, while applying a linear regression model to project a possible new ATH in the future. This projection aims to provide insights into the next major cycle peak for long-term strategy.
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  • Dashboard Overview: Displays the current ATH, potential new ATH, and the percentage distance between them. This helps users assess how far the current price is from the projected target.
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  • Top & Bottom Cycle Signals: Red down arrows mark significant price peaks, potentially indicating cycle tops. Up arrows, numbered sequentially (inside each cycle), denote possible bottom signals for strategic DCA (Dollar Cost Averaging) entries.
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  • 1D BTC Chart Only: Built solely for the 1D BTC timeframe. Switching to any other timeframe or asset will trigger a warning message: "BTC 1D Only." This ensures accuracy in analyzing Bitcoin’s unique cyclical behavior.
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🔵 When to Use:
Ideal for long-term Bitcoin investors and cycle analysts, the Bitcoin Cycle Indicator empowers users to:
  • Identify key accumulation and distribution phases.
  • Track Bitcoin’s cyclical highs and lows with visual heatmap cues.
  • Estimate future potential highs based on historical patterns.
  • Strategize long-term positions by monitoring cycle tops and possible accumulation zones.


By visualizing Bitcoin’s cycles with color-coded clarity and top/bottom markers, this indicator is an essential tool for any BTC analyst aiming to navigate market cycles effectively.
btctradingBTCUSDbtcusdanalysisCyclesforecastingTrend Analysis

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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