Bitcoin Market Cycles
Long-run comparisons, with dates that matter.
Bitcoin closed at $77,454 on . Its month-to-date return was −0.17%; the Pi Cycle short average was 50.23% below the doubled long average. 91.47% of earlier recorded closes were lower.
Today’s readings · daily and weekly dates are labelled
Pi Cycle Top
$75,541Short average −50.23% vs long lineNov 3, 2026 (UTC)The 111-day average and twice the 350-day average.
Open chartMonthly Returns
−0.17%November 2026 · MTDLast 12 months · latest MTDNov 3, 2026 (UTC)Calendar-month price returns; current month shown as MTD.
Open chartProfitable Days
91.47%5,706 of 6,238 earlier closesNov 3, 2026 (UTC)Earlier purchase-day closes below the selected date’s close.
Open chartHow to read market cycles
A cycle is a comparison
Compare dates and definitions before comparing cycle histories. An average is a summary of past closes, while a monthly return compares two endpoints.
Closed months and MTD
The current month is labelled MTD. Seasonal statistics use closed months only.
Historical limits
Past coincidences between averages and price extremes are not evidence that the next peak will occur on a particular date.
3 market cycles charts
Cycle averages and returns
Trailing averages and actual calendar-month price changes.
Historical closes
How earlier daily closes compare with each date’s price.
Latest Adler AM briefs
Charts show the data. Insight reads the week.
- Which readings agree this week?
- Where do price, holders and demand disagree?
- Which changes deserve a closer look?
Adler ☕️ AM
Two on-chain metrics each weekday morning and what they mean today. About 3 minutes to read.
Free. No spam. Unsubscribe anytime.Market Cycles, explained
What does market cycles cover?
This Bitcoin market cycle chart guide compares published indicators over longer horizons. Pi Cycle compares two trailing averages; monthly returns compare calendar endpoints; profitable days compare each close with all earlier closes. Historical cycles need not repeat.
How should the market cycles charts be read together?
Compare the dates and units first. The charts describe different aspects of the same market and are not interchangeable buy or sell signals.
How often are the market cycles readings updated?
Once a day, from full UTC days. Each chart displays its own date and keeps its last verified version when new data fails validation.