Pi Coin and Bitcoin: Latest Market Movement Patterns Provide Great Opportunities for Investors

Bitcoin's Recent Deviation Presents a Rare Buying Opportunity, Analyst Suggests

Bitcoin is currently exhibiting a deviation below its crucial 111-day moving average, a technical indicator closely watched by traders. According to cryptocurrency analyst Rekt Capital, such deviations have historically provided attractive buying opportunities for long-term investors.

As Bitcoin faces short-term downward pressure, this latest movement is drawing attention from analysts and market participants who are assessing whether the dip could present an advantageous entry point. Rekt Capital has pointed out that despite these deviations becoming more frequent in the current market cycle, they remain key moments that could offer discounted buying opportunities.

Historical Trends Suggest Deviation Points as Entry Signals

The Pi Cycle Top indicator, a widely followed metric that combines two moving averages—the 111-day moving average (orange line) and the 350-day moving average multiplied by two (green line)—provides insights into Bitcoin’s price behavior throughout different market cycles.

Rekt Capital noted that Bitcoin has historically deviated below the 111-day moving average during bull markets, yet these instances tend to be brief and temporary before an upward reversal occurs. Reviewing previous cycles, the analyst pointed out that the 2017 bull run experienced only small, momentary deviations, whereas the 2021 cycle featured just one significant drop below this level before rebounding.

In contrast, the ongoing cycle has witnessed several occurrences of such deviations, suggesting a shift in market dynamics. However, despite the increased frequency, the analyst maintains that these dips continue to function as strategic buying opportunities for investors aiming to accumulate Bitcoin at lower price points.

Another key takeaway from historical trends is that during bear markets, the 111-day moving average tends to act as a firm resistance level. This trend persists until Bitcoin gains enough momentum to enter a new bull cycle. As of now, Bitcoin's price must reclaim the 111-day moving average—currently positioned at approximately $96,500—for a bullish confirmation to materialize, according to Rekt Capital.

Pi Cycle Top Indicator Projects Future Market Peak

Recent downward price action has also impacted the Pi Cycle Top indicator, shifting its projected market peak further into the future. According to Rekt Capital, the significant downside move has pushed the predicted Pi Cycle crossover date to February 2032—a substantial delay from earlier projections.

“When there is substantial downward pressure and price action stretches to the downside in an extreme fashion, the projected market cycle peak also shifts further out,” the analyst explained. This phenomenon suggests that the current pullback may be an unsustainable downward move, increasing the likelihood of a future rebound.

The timing of the Pi Cycle crossover fluctuates based on market trends. Prior to the recent decline, the indicator had been projecting a market top around July 2025. However, strong rallies tend to pull the projected crossover date closer, whereas sharp downturns push it further away.

Technical Structures to Watch for the Next Market Move

As Bitcoin navigates through this price range, technical formations will play a critical role in determining the next significant move. Rekt Capital is closely monitoring price action for signs of a technical pattern that could indicate whether the market is preparing for an upward breakout.

The analyst emphasized the importance of watching for the development of specific structures, including a potential double bottom, an inverse head and shoulders, or a lower low formation. If one of these patterns emerges, it could signal that Bitcoin is preparing to reclaim the 111-day moving average and re-enter a bullish trend.

Another factor to consider is market sentiment. Typically, when Bitcoin becomes oversold in such conditions, it tends to rebound before an influx of buyers pushes the price too high, leading to overbought conditions. Investors and traders will be watching closely to identify the next inflection point that could mark the beginning of a renewed uptrend.

Market Outlook: Will Bitcoin Regain Momentum?

While the recent deviation below the 111-day moving average has raised concerns among some investors, others view it as a rare accumulation opportunity. If historical trends hold true, Bitcoin could soon witness a price reversal, potentially marking the beginning of the next phase of the bull market cycle.

However, broader market conditions, including macroeconomic trends and investor sentiment, will also play a role in shaping Bitcoin’s trajectory. With key resistance levels identified and technical indicators suggesting potential recovery, the coming weeks will be crucial in determining whether Bitcoin can reclaim its position above the 111-day moving average and sustain its long-term upward momentum.

For now, traders and investors are keeping a close watch on the charts, waiting to see whether this deviation will indeed serve as the next major buying opportunity in Bitcoin’s ongoing market cycle.

In case you missed it...

New YouTube video is live!

Bitcoin & The Pi Cycle Top Indicator - A Crucial Update

Check it out here:https://t.co/V9x2E7695W

Enjoy and Subscribe!#BTC #Crypto #Bitcoin

— Rekt Capital (@rektcapital) March 13, 2025

Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

 Check out other news and articles on Google News

Disclaimer:

The articles published on hokaNews are intended to provide up-to-date information on various topics, including cryptocurrency and technology news. The content on our site is not intended as an invitation to buy, sell, or invest in any assets. We encourage readers to conduct their own research and evaluation before making any investment or financial decisions.

hokaNews is not responsible for any losses or damages that may arise from the use of information provided on this site. Investment decisions should be based on thorough research and advice from qualified financial advisors. Information on HokaNews may change without notice, and we do not guarantee the accuracy or completeness of the content published.