The situations where BTC hits the Pi cycle bottoms are rare. It is more common that BTC stays in overbought, bullish zones longer than in the oversold situations. Yet, the oversold situations exist, check up from the graph: 2015, 2018, 2020.
No financial advice.
No financial advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.