What it shows
The Pi Cycle Top indicator uses two moving averages of the Bitcoin price. The first is the 111-day moving average. The second is the 350-day moving average multiplied by two. The 111-day line reacts faster to price. The doubled 350-day line moves slowly. The indicator watches the gap between them. A crossover happens when the 111-day line reaches or passes the doubled 350-day line. The chart plots both lines and the BTC price. The page also shows the ratio of the two lines as a single number.
- 111-day average line
- 350-day average ×2 line
- Log scale toggle
How to read it
Watch the gap between the orange 111-day line and the green doubled 350-day line. A wide gap means the lines are far from a crossover. A shrinking gap means the lines are closing in. A crossover happens when the 111-day line meets the other line. The indicator was designed to mark macro cycle highs. The number of past crossovers is small, so the sample is limited. A crossover does not predict the next move. Use the log scale to compare old and recent cycles.
- Find the 111-day line and the doubled 350-day line.
- Check whether the gap between the two lines is closing.
- Compare past crossovers with the BTC price line.
What to keep in mind
Few crossovers exist in Bitcoin history. A small sample cannot prove a rule. Both lines come from price only. They lag the price by design. The indicator ignores volume, on-chain data and macro news. The market is larger today than in early cycles. Past behavior may not repeat. Check other metrics before you draw any conclusion.
A missing value is not zero. Check the source and time under each data block before you compare numbers.
Questions
How does the Pi Cycle Top indicator work?
It compares two moving averages of the Bitcoin price: the 111-day average and the 350-day average times two. When the faster 111-day line reaches the slower doubled line, the indicator shows a crossover. It was designed to mark cycle highs.
Is the Pi Cycle Top indicator accurate?
The sample is small. Only a few crossovers exist, so accuracy cannot be proven with statistics. Past crossovers came near cycle highs. That does not guarantee the next one will. Use the indicator as context with other data.
What is a 350-day moving average times two?
First, calculate the simple average of the last 350 daily closing prices. Then multiply the result by two. The result is a slow line that sits well above the normal average. The indicator compares this line with the 111-day average.