When this indicator flashed during the previous bullrun all your KOLs brushed it off. Everyone said the rally had more room to grow. They all said it had only predicted one prior cycle and was designed after the 2018 top... yet, once again, it called the top almost perfectly before the market reversed (considering the first top was a true top)
It's fairly simple one. It tracks the 111-day moving average (111DMA) and compares it to twice the 350-day moving average (350DMA × 2). When the faster crosses above the slower, it has historically signaled a market top.
You can keep track of it here as well as many other cool indicators: https://www.bitcoinmagazinepro.com/charts/pi-cycle-top-indicator/
Of course always use it with other signals to get maximum confluence to derisk your bags when time comes. Show Less