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.
The Pi Cycle Bottom indicator was created by Doncic, who was inspired by Philip Swift’s Pi Cycle Top indicator. This indicator was therefore created at a later time, around June of 2021 and by a different author. The indicator signals a bottom whenever the 150D EMA crosses below the 471D SMA * 0.745, these crossovers are shown as white dotted lines in the chart. The name “Pi Cycle Bottom” comes from the fact that the fraction 150 * Pi (3.1415…) is about 471. One could argue that because of the increased arbitrariness of moving average types and numbers (such as the .745 multiplication), that this indicator should be treated differently from the pi cycle top indicator.
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