Bitcoin Pi Cycle Top Paralell Channel, RSI & Volume from 2011

27 thg 1, 2022

This is a detailed analysis of the Logarithmic Bitcoin USD Price Chart. Pi Cycle Top, as taught to me by Joel Bishop, a bonifide badeass who knows his bitcoin cycles. He has published content and must give him the credit for teaching me about this indicator or indicator function on trading view. Hope this helps anyone wrap their heads around where price is headed based on the logarithmic scale.

Staying in the parallel channel, price could reach as little as 20k or even 15k, but would present an amazing buying opportunity imho.

This cannot be construed as financial advice, only my prediction of where I believe price will be at by the beginning of 2024. Thanks and enjoy!