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Bitcoin Pi Cycle Top: what it is and today's value

Pi Cycle Top · BTC
0.40
far from top

The Pi Cycle Top Indicator compares the 111-day moving average of price with twice the 350-day moving average. When the 111DMA crosses above 2×350DMA it has flagged, within a few days, Bitcoin's major tops of 2013, 2017 and 2021. We show it as the ratio 111DMA ÷ (2×350DMA): as it approaches 1, the crossover (top) is near.

Formula: 111-day moving average ÷ (2 × 350-day moving average).

1.0 · top2011201920261.60.3

Full history 2011→today, weekly points, computed by us from price.

How to read it

Below 0.75 the top is far off; between 0.75 and 1 price accelerates and the crossover nears; at 1 the 111DMA crosses 2×350DMA → cycle-top signal.

RangeZone
< 0.75far from top
0.75 – 1approaching top
≥ 1top signal fired

At past tops and bottoms

The Pi Cycle Top at the major cycle turning points, read from our own historical series — at tops it moved into the red zone, at bottoms into the green.

Turning pointPi Cycle Top
Top · Dec 20130.99
Top · Dec 20170.97
Top · Apr 20210.99
Bottom · Jan 20150.36
Bottom · Dec 20180.38
Bottom · Nov 20220.32

See all indicators side by side in the cycle turning points table.

See the full dashboard → Cycle overviewMethodology

Computed by ABYSS Index from our own Bitcoin node and reference price — freely redistributable. For educational purposes only. Not financial advice. Español