OPEN-SOURCE SCRIPT
Bitcoin Cycle
This script displays 4 different Moving Averages:
For the last cycles: once the 2 year MA crossed the 232 Day MA, it marked the cycle bottom within a few days and once the 1 year MA (x2) crossed the 116 Day MA, it marked the cycle top within a few days.
It is interesting to note that both 365/116 and 730/232 equal 3.1465, which is very close to Pi (3.142). It is actually the closest we can get to Pi when dividing 365 by another whole number.
- 2 Year Moving Average (White)
- 1 Year Moving Average (Doubled in value, Red)
- 116 Day Moving Average (Transparent, Red)
- 232 Day Moving Average (Transparent, White)
For the last cycles: once the 2 year MA crossed the 232 Day MA, it marked the cycle bottom within a few days and once the 1 year MA (x2) crossed the 116 Day MA, it marked the cycle top within a few days.
It is interesting to note that both 365/116 and 730/232 equal 3.1465, which is very close to Pi (3.142). It is actually the closest we can get to Pi when dividing 365 by another whole number.
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