Bitcoin PI Cycle Indicator - MAs with 195% distance

How would you rate the entry points (yellow cycles) for Bitcoin when you look at the naked chart (see below in the comments)??

We got quite nice entry-points for Bitcoin with less or no more downside every time when the PI Cycle Indicator MAs had a distance of 195%


Of course that is no guarantee for the future and the MAs distance was higher at some points...

...but the probability that Bitcoin is near a bottom is not small looking at these facts in the chart

Tell me your opinion about that dear Crypto Nation 😎

*not financial advice
do your own research before investing