BTC Pi Cycle Top Indicator: $79,676.63
Two average-price lines: a fast 111-day one, and the 350-day one doubled. In each past cycle the fast line crossing above the doubled slow line landed within days of the price peak. History, not advice.
Line one is the average closing price of the last 111 days. Line two is the average of the last 350 days multiplied by two. The chart watches how close together they are.
The gap between the two lines is the whole chart. When the fast line sits far **below** the doubled slow line, the two are nowhere near touching; as the gap closes, price has been **rising** much faster than its own longer-term average. For example, if the 111-day average is $180,000 and twice the 350-day average is $190,000, they are within about 5% of each other.
The crossing itself has happened 4 times in Bitcoin's entire history, the last of them on 2021-04-24. Four events is far too few for us to tell you what followed them, so we don't, and it says nothing about bottoms at all.
In words: the average of the last 111 daily closing prices, drawn against twice the average of the last 350 daily closing prices.
Three occurrences in fifteen years **is not** a reliable pattern, and there is no mechanism in Bitcoin that makes those particular day counts meaningful. It **only** ever looks for tops, so it is silent for years at a time.
Own compute ยท full BTC price history 2010+ (no external API)