LongTrader1982

Finding the Bitcoin top

INDEX:BTCUSD   比特币
This cycle is a little different to previous although we are seeing repeating patterns from previous cycles its hard to establish a clear top, I will be using circle fibs shown here along with the Pi Cycle Top indicator to see which scenario described in the image will play out, if we get the Pi Cycle top indicator before we pass through the 2.618 circle fib I will be exiting all positions at this point, if we manage to pass through the 2.618 circle fib without the Pi cycle top indicator triggering I will be looking for the 110% overshoot to potentially play out with the top hopefully being around $200k

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