Apr 6, 2013
111DMA crossed above 350DMA x2
BTC Price$144
111DMA$36
350DMA x2$36
Spread At Cross+0.28%
Track the classic Bitcoin Pi Cycle Top setup by comparing the 111-day moving average with the 2x 350-day moving average over daily BTC price.
Pi Cycle Top is a Bitcoin macro timing overlay built from two moving averages: the 111-day moving average and the 350-day moving average multiplied by 2.
Traders watch for the moment when the faster 111DMA crosses above the slower 350DMA x2 line. That crossover came within days of major Bitcoin highs in 2013 and 2017. In 2021 it came within days of the April high, seven months before the cycle's final high.
It is best treated as a long-horizon context tool. The signal is rare, and it is more useful for framing late-cycle risk than for short-term entries and exits.
111DMA = 111-day simple moving average of daily BTC price.
350DMA x2 = 2 x (350-day simple moving average of daily BTC price).
The classic Pi Cycle Top trigger is watched when the 111DMA crosses above the 350DMA x2 line.
Prices are daily BTC closes from Blockchain.com: each of its readings is stamped 00:00 UTC, the close of the previous UTC day, and is published under the day it closes. Both averages are simple means of those closes, and a crossover is the first day the 111-day line closes above the 2 x 350-day line after being at or below it. The crossovers so far (April 2013, December 2013, December 2017 and April 2021) are a very small sample. Each came within days of a major local high, but the last high of the 2021 cycle came seven months after the April 2021 crossover without a new one. This describes earlier cycles and is not a forecast.