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I share my thoughts on how Bitcoin’s price action behaves in the context of the Pi Cycle Top Indicator in Pre-Halving years like 2015, 2019, and 2023. The patterns are astoundingly similar across these periods, specifically how price tends to oscillate around the Pi Cycle MA in Candle 3 of the Four Year Cycle but then this same exact MA acts as perfect support in the Halving year. A key distinction needs to be made however: in the Halving year, the Pi Cycle acts as support but mainly only AFTER the Halving event itself. It is after this event that BTC tends to hold as support all the way to new All Time Highs in the Bull Market.
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