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$BTC Pi Cycle Bottom: Cycle Phase Update 📈
📝 The Pi Cycle Bottom, a key cycle-risk tool, signals macro bottoms when SMA(150) crosses below SMA(471)x0.745.
📍 On the chart, SMA(150) (~70K) is above SMA(471)x0.745 (~68K). The bottom signal is not active. #Bitcoin price is ~63K, below both lines.
💡 The green line above red reflects underlying recovery. My indicators point to reclaiming these averages as key for bullish continuation.