Bitcoin: the real meaning of this "bottom" signal on the pi cycle bottom indicator. The famour pi cycle bottom indicator has just recently flashed a "bottom" signal for the first time since 2018 (and before that in 2015). Many people on social media are now referring to this pi cycle signal which it seems has "never been wrong". But how reliable is this chart indicator? More importantly, how does the pi cycle indicator work and can it be useful? In this video, we dig into the details of this widely observed indicator and explain the potential advantages and disadvantages. We explain what the major concerns are and how this indicator performs on other charts. #bitcoin #btc #alessiorastani Key notes in the video: [0:00] The pi cycle bottom indicator [1:22] A new signal on the pi cycle [1:53] Previous signals on pi cycle [3:33] Pi cycle top indicator [4:08] Social media coverage on indicator [4:47] How the pi cycle indicator is constructed [8:40] The problem [10:11] The issue of curve fitting [13:17] The pi cycle signal on other markets [17:32] The pi cycle in different environments [18:32] The utility of the indicator [19:50] Combining the pi cycle with other tools [20:28] Conclusion For membership (including the 3 months extra offer): https://bit.ly/3nkZ4b4 For the trusted MT4 chart software we use: https://bit.ly/3cCkOKm For more visit: https://bit.ly/3gz3hDG Subscribe: http://bit.ly/2lz33DQ| ?Make sure to enable ALL push notifications!? Watch the NEWEST videos: http://bit.ly/2md7PHD Follow Alessio Rastani​: Twitter: ​https://twitter.com/alessiorastani Watch more Alessio Rastani​: Expert Interviews: http://bit.ly/2lHdK7n Important Videos: http://bit.ly/2md78y1 Latest Videos: http://bit.ly/2md7PHD Popular Videos: http://bit.ly/2mcbaXj DISCLAIMER and RISK WARNING: Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.