Bitcoin Cycle Tops and Bottoms

December 2017 Bitcoin Cycle Peak

Bitcoin peaked at $19,641 on Dec 16, 2017. Cycle Altitude read 100 that day. No prior cycle had completed, so there was no clock yet and Altitude followed Risk alone. Altitude had first entered its extreme band 10 days earlier, on Dec 6, 2017. The detector committed to the pivot on Dec 30, 2017, 14 days after the extreme itself.

IndicatorReadingLow TargetHigh TargetGradeSaysTarget Reached
Stock-to-Flow$19,641$5,328$5,328100highHigh target
2-Year MA Multiplier$19,641$1,973$9,863100highHigh target
Support & Resistance Band$19,641$6,786$7,794100highHigh target
Price Boundary$19,641$3,830$12,665100highHigh target
Power Law$19,641$1,208$2,877100highHigh target
MVRV Z-Score9.360.107.00100highHigh target
Puell Multiple6.350.503.50100highHigh target
RHODL Ratio98,03035022,000100highHigh target
Net Unrealized Profit/Loss (NUPL)77%0%75%100highHigh target
Pi Cycle Top1.00--1.00100highHigh target

These per-indicator readings are a replay of the current engine over the record up to 2017-12-16. The three headline scores in the fact sheet come from the daily point-in-time replay, which used only what was knowable each day. The two are different measurements of the same date and can differ.

Fact Sheet
Extreme date
Dec 16, 2017
Price
$19,641
Cycle Altitude
100
Risk
100
Time
No clock yet, Altitude followed Risk alone
Extreme band entered
Dec 6, 2017 (10 days before the turn)
Watch armed
Dec 15, 2017 (1 days before the turn)
Confirmed
Dec 30, 2017 (14 days after the extreme)
Price when confirmed
$12,949
Confirmed by
Cycle Altitude in its extreme band
Leg searched
Jan 28, 2015 to Dec 30, 2017