Crypto indicators: where Bitcoin is in its cycle
The cycle indicators we compute every day from Bitcoin closes since 2010, read together and with the precedent of the last time the market looked like this. Each card leads to its full chart.
Market cycle readingclose of
At the November 12, 2026 close, Bitcoin ($71,460) sits in band 3 of 9 on the rainbow chart ("low"), 5.5% above its 200-week average ($67,760), with a Mayer Multiple of 0.98, below its 200-day average. Below the 200-day average but above the 200-week one: a correction within the long-term uptrend, not a cycle-low reading. Altcoins: the Altcoin Season Index reads 44/100 (neutral). The last altcoin season in our records ran from Sep 12, 2025 to Sep 25, 2025 (peak 85).
Precedent. The last time Bitcoin was in this position (in rainbow band 3, above its 200-week average and below its 200-day average) was between Jan 25, 2026 and Aug 9, 2026, starting at $86,670. Six months later it was 24.5% lower. We were publishing: Fidelity Flags Bitcoin ‘Rebalancing’ Risk as Gold Rally Accelerates
Before that, at least a year earlier: the week of Sep 8, 2024, starting at $54,870. Six months later it was 47.1% higher; a year later, 102.5% higher. We were publishing: Arthur Hayes Forecasts Bitcoin’s Drop Below $50K as Market Fear Reaches Critical Levels
Our own calculation from Bitcoin daily and weekly closes since 2010, updated once a day. The precedent compares positions; it does not predict the price.
The indicators, one by oneclose of Nov 12, 2026
Bitcoin Rainbow Chart
- BTC price (weekly)
- Regression line
The $71,460 close sits in band 3 of 9, 50% below the regression line ($142,805).
200-week moving average
- BTC price (weekly)
- 200-week average
The price is 5.5% above the almost-four-year average; it has closed below it in only 8.0% of weeks since 2014.
Mayer Multiple
Price against its 200-day average. Below 1, the price is under that average; it has been above 2.4 on only 5.3% of days: overheating.
Pi Cycle Top
111-day average divided by twice the 350-day average. At 1 the signal fires: in our closes since 2010 it has happened 4 times (Apr 7, 2013, Dec 7, 2013, Dec 16, 2017, Apr 12, 2021), most recently on Apr 12, 2021.
Altcoin Season Index
How many of the 50 largest altcoins beat Bitcoin over 90 days. From 75 it is altcoin season; up to 25, Bitcoin season.
Fear & Greed Index
Market sentiment from Alternative.me, from 0 (extreme fear) to 100 (extreme greed). It is the only indicator on this page we do not calculate ourselves.
More indicators, each with its page
How to read this page
No indicator predicts the price: each one compares today's price with its own history. That is why we read them together and compare them with the last time they looked the same. Hover or use the arrow keys on each chart to see the values.