Bitcoin Pi Cycle Indicator Shows Rare Moving Average Convergence
- Moving Average Convergence: The convergence of Bitcoin's 111-day moving average and the 350-day moving average multiplied by two has not been seen since 2024, indicating a potential critical structural phase for Bitcoin, although no confirmed market top signal has emerged yet.
- Historical Accuracy: The Bitcoin Pi Cycle Indicator is closely monitored by traders due to its historical accuracy during previous bull markets, and the current setup indicates that Bitcoin is still trading well below the upper moving average region, suggesting room for upward movement.
- Cautiously Optimistic Market Sentiment: Despite ongoing macroeconomic uncertainties, institutional demand and ETF inflows continue to support Bitcoin's long-term structure, reflecting a cautiously optimistic sentiment regarding Bitcoin's future trajectory.
- Trader Attention on Dynamics: As the convergence between the moving averages sharpens, traders may closely monitor Bitcoin's price behavior in the coming weeks to assess its position within the current cycle.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0213 | 0.039 | 0.0546 | 0.0723 | 0.0878 | 0.106 | 0.121 |
| Fibonacci | 0.039 | 0.0517 | 0.0596 | 0.0723 | 0.085 | 0.0928 | 0.106 |
About MAJOR
About the author








