Bitcoin: Pi Cycle Top Indicator
The Pi Cycle Top indicator was created by Philip Swift back in 2019 to predict Bitcoin's top within three days. It has gained great popularity when it also predicted Bitcoin's local top within three days back in April 2021. The indicator signals a top whenever the 111 DMA crosses above the 350 DMA * 2, these crossovers are shown as white dotted lines in the chart. The name "Pi Cycle Top"comes from the fact that the fraction 350/111 is as close as one can get to Pi (3.1415...) when dividing the integer 350 by another integer.
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