Bitcoin Market Cycle Indicators

What each indicator measures

• Pi Cycle Top: compares the 111-day moving average with twice the 350-day average. In the past their crossing came close to major cycle peaks.
• Mayer multiple: price divided by the 200-day average. Readings above about 2.4 have historically meant an overheated market; below 1 means price is under its long-term trend.
• 2-year MA multiplier: price against the 730-day average and five times that average. Above 5× was a historic sell zone, below 1× a historic accumulation zone.
• 200-week moving average: roughly a four-year average that acted as a floor in previous bear markets.

These tools describe past cycles; markets change and an indicator that worked before can fail. Use them as context alongside moving average signals and sound risk management, never as a timing guarantee.