Easy As Pi: Bitcoin Indicator Says The Top Is In

Easy As Pi: Bitcoin Indicator Says The Top Is In

Bitcoin price has finally closed a weekly candle over $60,000 on Binance for the first time in the asset’s history, marking the highest weekly close ever. However, just as such a moment is realized, a highly accurate top-sniping indicator with a three for three success rate has called the top of the current crypto market cycle. But could picking the top in the powerfully trending cryptocurrency really be easy as Pi? Pi Cycle Top Indicator […]


Related News

WATCH: Bitcoin Bottoms As Easy As Pi? | BTCUSD September 9, 2022

In this episode of NewsBTC’s daily technical analysis videos, we compare past Bitcoin bottoms and tops using the Pi Cycle Bottom and Pi Cycle Top indicator.  We also dive into recent comments from John Bollinger, creator of the Bollinger Bands.  Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 9, 2022 This video provides a detailed look at Bitcoin market cycles using the Pi Cycle Bottom indicator and other tools. A recent exchange between Tony “The Bull” and the creator of the Bollinger Bands is also a topic of discussion and corresponding....

What is total value locked (TVL) in crypto and why does it matter?

DeFi participants must be aware of the total value locked (TVL) indicator.Find out here what it is, how it is calculated and why it matters in DeFi. Largest network by DeFi TVLIn 2022, Ethereum appeared as the largest network by DeFi TVL, accounting for over half of the total DeFi volume worldwide.To give some perspective, the Ethereum DeFi network includes just under 500 protocols. It has a TVL of approximately $73 billion, with 64% of the market share, compared with BNB Smart Chain, which is the second-highest TVL at $8.74 billion in value at 7.7% of the market share, Avalanche with....

Is Bitcoin’s Rally Overstretched? This Key Indicator Says No

Bitcoin has plenty of room to rally, according to a fundamental analysis indicator that flagged the price bottom in March.

Bitcoin SOPR Indicator Sees Steady Decline Even As BTC’s Price Rallies – Here...

Bitcoin’s price has displayed remarkable resilience as the largest crypto asset holds strong above the $100,000 milestone despite several pullback attempts. During the robust bullish performance of BTC in the past few weeks, on-chain data shows that the SOPR indicator has been dropping sharply. Key Bitcoin SOPR Indicator Dips Sharply As Bitcoin continues to show […]

Bitcoin’s Utility Is Easy To See When Traveling Around The World

When visiting emerging markets, it’s easy to observe bitcoin being used by locals. Sometimes it takes getting outside our comfort zone to shed our biases.