@JohnBat,
thank you for commenting.
Mind sharing the chart?
Cheers!
Oh it is this one here, right?
What exactly is the pi cycle though?
JohnBat
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@TimoEberhardTV, Exactly my analysis is not particularly accurate and estimated in time, but I wanted to show what the price movement could be, namely around these moving averages. The Pi indicator in the past perfectly indicated the moment of reaching the peak on BTC and the closer the averages are, the closer to the end of the increases. BTc is going too steep at the present moment and if we hit a period of strong increases, we can reach the peak in two weeks from the current level
sxcwdVV
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@JohnBat, interesting... Thank you for elaborating.
scousertommy
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what??????????? the lowest it can go right now is 53.2k not a dollar less guaranteed, sunday evening possibly but 45k is bottom of bottoms in this run should hold very well
sxcwdVV
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@scousertommy, well well... at least we agree on it going South ;)