#Bitcoin - Has the Most Accurate Indicator Failed in This Cycle? The PI Cycle Top Indicator has consistently been one of the most accurate indicators for predicting Bitcoin's all-time high (ATH). In previous cycles, it almost perfectly pinpointed tops. But this time… it failed. The indicator typically signals a peak when the 111-day moving average crosses above twice the 350-day moving average. Historically, this crossover usually occurs during rapid expansion phases, when Bitcoin's price parabolically rises and begins trading well above twice the 350-day moving average. Once the 111-day moving average crosses above twice the 350-day moving average, it usually signals a cycle top and the start of a bear market. However, in this cycle: The price touched twice the 350-day moving average but never broke through (green line). The crossover never occurred, and the indicator never confirmed a valid peak signal. However, Bitcoin subsequently broke below the long-term trendline support, catching many off guard. For the first time in history, the "most accurate cyclical peak" indicator has not followed its historical patterns.