Bitcoin Cycle Indicators
Price-based Bitcoin cycle indicators computed from daily closing prices, with today's value of each and what it has signalled in past market cycles. Open an indicator for its full history chart, past signals and a CSV of the data, or see how many of them are at their top lines on the bull market peak signals checklist.
Bitcoin is at $72,911 on 12 Nov 2026 (the UTC day's close so far). Pi Cycle Top: No cross: 97.9% apart. 200-week MA heatmap: Near the 200-week MA (1.07×). Mayer Multiple: Below the 200DMA (0.8–1.0). AHR999 index: Below 0.45. Rainbow chart: Below the median line. Power law: 30% below fair value. 2-Year MA Multiplier: Below the 2-year MA. Golden Ratio Multiplier: Below the 350-day MA. 200-day MA: Price 0.3% below. 200-week MA: Price 7.5% above. 4-year MA: Price 10.9% above. Doubling time: Median completed doubling time. Stock-to-Flow: Price 0.09× the model. Puell Multiple: Below its 1-year average. Profitable days: 2,780 of 3,374 days in profit. Log growth curve: Near the lower curve. Never-look-back price: Price 5.2% above.
Today's readings
BTC $72,911 · 12 Nov 2026| Indicator | Today | Signal | What it shows |
|---|---|---|---|
| Pi Cycle Top indicator | 0.505 | No cross: 97.9% apart | 111-day MA crossing above 2× the 350-day MA; past crosses came within days of cycle tops. |
| 200-week moving average heatmap | $67,849 | Near the 200-week MA (1.07×) | Price vs its 200-week average, coloured by how fast that average rises each month. |
| Mayer Multiple | 1.00 | Below the 200DMA (0.8–1.0) | Price ÷ 200-day MA; above 2.4 was overheated, below 0.8 came near bottoms. |
| AHR999 index | 0.40 | Below 0.45 | (Price ÷ 200-day cost) × (price ÷ growth model); under 0.45 came near cycle lows. |
| Rainbow chart (log-regression bands) | 3 of 8 | Below the median line | Bands around a log-regression fit, each holding a fixed share of past days. |
| Bitcoin power law (log-log fair value) | -30% | 30% below fair value | Log-log fair value with 2%/98% support and resistance, and today's deviation. |
| 2-Year MA Multiplier | 0.82× | Below the 2-year MA | Price vs the 730-day MA and 5× it: lows near the first line, tops near the second. |
| Golden Ratio Multiplier | 0.96× | Below the 350-day MA | 350-day MA × 1.6, 2, 3, 5, 8, 13, 21; each cycle peaked at a lower multiple. |
| 200-day moving average | $73,144 | Price 0.3% below | The 200-day average and the price's distance from it in %. |
| 200-week moving average | $67,849 | Price 7.5% above | The 200-week average and the price's distance from it in %. |
| 4-year moving average | $65,754 | Price 10.9% above | The 1,460-day average and the price as a multiple of it. |
| Bitcoin doubling time | 342.0 days | Median completed doubling time | Days to the first 2× close from each start day, and starts still waiting. |
| Stock-to-Flow model (S2F) | 122.4 | Price 0.09× the model | Supply ÷ yearly issuance and PlanB's model price; a model, not a forecast. |
| Puell Multiple (issuance only) | 0.96 | Below its 1-year average | Value of new coins ÷ its 365-day average (fees excluded); under 0.5 came near lows. |
| Bitcoin profitable days | 82.4% | 2,780 of 3,374 days in profit | Share of past days whose close is below today's price. |
| Logarithmic growth curve | 12% | Near the lower curve | Published log-log curves through past cycle lows and highs; today's position between them. |
| Never-look-back price | $69,335 | Price 5.2% above | Highest past close BTC has not closed below since, and the date it was set. |
Not financial advice: these pages describe what each indicator showed in past cycles and predict nothing.
Bitcoin cycle indicators FAQ
What are Bitcoin cycle indicators?
Charts that compare the Bitcoin price with its own long-term moving averages to show where the market sits in its roughly four-year cycle. They use only daily closing prices, so anyone can check them.
Which indicator is most reliable?
None has a long track record: Bitcoin has had only a few full cycles, and each indicator was designed after some of them. Reading several together gives more context than any one alone.
Where does the price data come from?
Daily closing prices (00:00 UTC) of Bitcoin from exchange public APIs: Binance spot BTCUSDT from 17 Aug 2017. Moving averages start once enough days of history have passed. The data refreshes every few hours, and today's close is the latest price so far. Each chart's data is free to download as CSV.
Is this a buy or sell signal?
No. These indicators describe how the price moved against its own averages in past cycles, and Bitcoin has had only a handful of cycles, so any pattern rests on very few examples. Nothing here is financial advice.