Bitcoin: Pi Cycle Top Indicator

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We discuss the Pi Cycle Top Indicator by Phillip Swift, by popular request. We take a close look at this metric and show that the two moving averages are in fact converging, and if we do not have a correction in the next few weeks, then they will likely cross. Historically, crosses of these moving averages have predicted the local top to within 3 days. However, this was developed after prior bull markets. Will it have predictive power? Well we will certainly find out! Let me know in the comments below what you think of this indicator for Bitcoin!

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Disclaimer: The information presented within this video is NOT financial advice.

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