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CHART OF THE DAY
THE PI CYCLE TOP AND BOTTOM 🥧

Indicator Overview

The Pi Cycle Top and Bottom Oscillator is an adaptation of the original Pi Cycle Top chart. It compares the 111-Day Moving Average circle and the 2 * 350-Day Moving Average circle of Bitcoin’s Price. These two moving averages were selected as 350 / 111 = 3.153; An approximation of the important mathematical number Pi.

When the 111-Day Moving Average circle reaches the 2 350-Day Moving Average circle, it indicates that the market is becoming overheated. That is because the mid time frame momentum reference of the 111-Day Moving Average has caught up with the long timeframe momentum reference of the 2 350-Day Moving Average.

Historically this has occurred within 3 days of the very top of each market cycle.

When the 111 Day Moving Average circle falls back beneath the 2 350 Day Moving Average circle, it indicates that the market momentum of that cycle is significantly cooling down. The oscillator drops down into the lower green band shown where the 111 Day Moving Average is moving at a 75% discount relative to the 2 350 Day Moving Average.

Historically, this has highlighted broad areas of bear market lows.

It is also worth noting that this indicator has worked during Bitcoin's adoption growth phase, the first 15 years or so of Bitcoin's life. With the launch of Bitcoin ETF's and Bitcoin's increased integration into the global financial system, this indicator may cease to be relevant at some point in this new market structure.

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WHAT IS XMR? 💡

XMR (Monero) is a leading privacy-focused cryptocurrency renowned for its strong emphasis on anonymity and security. Key points include:

1. Privacy: Monero uses advanced cryptographic techniques like Ring Signatures and Stealth Addresses to ensure complete transaction privacy.

2. Untraceability: Transactions on the Monero network are designed to be untraceable, protecting user identities and financial data.

3. Fungibility: Each XMR coin is identical and interchangeable, making it immune to blacklisting.

4. Decentralization: Monero maintains a strong commitment to decentralization, ensuring no single entity controls the network.

5. Active Development: A dedicated community continually improves the protocol for enhanced security and functionality.

These features make XMR an exceptional choice for users prioritizing privacy and security in their cryptocurrency transactions.

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