Pi Cycle Vs Puell Multiple
Updated
A lot of people are panicking because the Pi cycle top indicator is very close to crossing and every time its crossed within 3 days its called the cycle top, but what we have to keep mind is that this was created after all the cycle tops , so its the first time it will actually be used during a bull run.
We are just under 3% measurement to cross if we compare that to the last cycle 3% measurement we can see that the Pull Multiple was showing that the price was on its last phase going into extreme level 2 zone.
Now take a look at the Pull Multiple at present date ,we have not even entered the extreme zone 1 let alone 2 this for me shows that there is a massive measurement difference between these two cycle top indicators for the first time.
I believe that the Pi Cycle will fail to pin point the top and we will see a sort of double cross appear within a short time , the puell Multiple is the one to really keep an eye on this year.
lookintobitcoin.com/charts/puell-multiple/
lookintobitcoin.com/charts/pi-cycle-top-indicator/
We are just under 3% measurement to cross if we compare that to the last cycle 3% measurement we can see that the Pull Multiple was showing that the price was on its last phase going into extreme level 2 zone.
Now take a look at the Pull Multiple at present date ,we have not even entered the extreme zone 1 let alone 2 this for me shows that there is a massive measurement difference between these two cycle top indicators for the first time.
I believe that the Pi Cycle will fail to pin point the top and we will see a sort of double cross appear within a short time , the puell Multiple is the one to really keep an eye on this year.
lookintobitcoin.com/charts/puell-multiple/
lookintobitcoin.com/charts/pi-cycle-top-indicator/
Note
Double cross on the Pi Cycle has happened as predicted.
t.me/+8CRZJqXrjwU4ODA0 re-launched telegram group , it is free , just place to chillout talk about crypto bull market , will be posting trades live randomly
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