Bitcoin is consolidating immediately below a key bull market breakout level, which sparked the rapid run to all-time highs in both 2017 and 2020.
Bitcoin (BTC) is eyeing a classic breakout move that preceded both its 2017 and 2021 all-time highs.
In an April 12 X post, popular trader Jelle flagged a key crossover due on Bitcoin’s Pi Cycle Top indicator.
Pi Cycle Top is a classic Bitcoin bull market observation tool. Consisting of two moving averages, it has consistently delivered macro top signals for BTC price action.
