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Bitcoin Halving Cycles Indicator by Alb

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Bitcoin Halving Cycles Indicator by Alb

This indicator visualizes the different phases of Bitcoin's market cycle based on the time elapsed since the last halving event.

  • Defines Bitcoin halving dates to track cycle progression.
  • Identifies market phases based on the number of days since the most recent halving:
    Gray: Post-Halving Consolidation (0-150 days)
    Green: Intense Green / Parabolic Expansion (150-550 days)
    Red (Orange): Distribution / Peak (550-600 days)
    Red: Bear Market / Decline (600-935 days)
    Orange: Accumulation Bottom (>935 days)
  • Colors the chart background to visually represent the current phase of the cycle.
  • Draws vertical blue lines at each historical Bitcoin halving date with corresponding labels for easy identification.

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