Bitcoin Pi Cycle Top Indicator. Source: Rekt Capital
Bitcoin (BTC) briefly topped $123,000 on July 14, reaching a new all-time high amid rising institutional interest. With a lot of speculation about the token’s upside circling around, the rally has brought a lot of attention to the Pi Cycle Top Indicator. Using the 111-day and a modified 350-day moving averages to predict when the token might approach the end of the bull run, the Pi Cycle Top Indicator has historically been known as one of the most accurate market timing tools in crypto. According to market analyst Rekt Capital, the averages now suggest that Bitcoin could peak between $130,000 and $170,000 as early as late 2025. Bitcoin Pi Cycle Top Indicator. Source: Rekt Capital Bitcoin upside up to $170,000 According to Rekt Capital’s Analysis , the recent momentum is pushing the 111-day moving average up rapidly. Indeed, on June 1, the average was sitting around $92,000, but has since then jumped to approximately $98,000. Accordingly, the pr...