Bitcoin Cycle Indicators

Pi Cycle Top, Mayer Multiple, 2-Year MA Multiplier, 200-Week MA, Golden Ratio Multiplier, and Rainbow Chart on one screen, calculated from daily prices since 2017. All of them describe where price sits relative to its own history, not a forecast and not an entry signal. Not financial advice.

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FAQ

What are cycle indicators, and why are they all price-based?
Cycle indicators compare Bitcoin's current price with its long-term averages to flag historically cheap or expensive phases. Everything on this page is calculated from daily prices alone, because on-chain data such as MVRV or Puell Multiple is paid; that way anyone can re-check the numbers.
How do I read the Pi Cycle Top?
Pi Cycle Top compares the 111-day average with twice the 350-day average. At the 2013, 2017, and 2021 peaks, the 111-day line crossed above the 2×350-day line within days of the high. A negative distance means no signal yet; the closer to zero, the closer to the historical top pattern. This is a past pattern, not a guarantee.
What do Mayer Multiple values of 0.8 and 2.4 mean?
The Mayer Multiple is price divided by the 200-day average. Historically, values below 0.8 appeared when the market was very cheap and above 2.4 when it was overheated. Most of the time it sits between the two.
How often is the data updated, and where does it come from?
Every morning at 06:40 WIB, from Binance spot BTCUSDT daily candles since August 2017. The formulas used are each indicator's public formula; the Rainbow Chart uses version 2 regression parameters from Blockchain Center. Not financial advice.