Bitcoin Cycle Synthesis 2/2 (BCS)

Works with "Bitcoin Cycle Synthesis 1/2".

These two indicators, working as one, provide a powerful and comprehensive summary of the state of Bitcoin's cyclicality. There are many options to customize, and the panels summarize the indications shown on the chart. The Bitcoin Cycle Synthesis even takes into consideration several on-chain data (Hash Ribbon and Puell Multiple). It allows you to identify the top and bottom of the cycle as well as the different market phases. It also displays the previous Halving dates, as well as the estimation of this next event.

It is best to use this indicators on a weekly or monthly time frame. As the name suggests, it is designed especially for Bitcoin. However, it can give interesting information for other assets as well.

Versionshinweise:

Update 4th Halving date.

Versionshinweise:

Inversion between labels "Puell Multiple Bottom Limit" and "Puell Multiple Top Limit" in the parameters.

Versionshinweise:

• Added checkboxes to hide unwanted elements.
  
• Implemented tooltips for each parameter.
  
• Design improvements.
  
• Adjusted the date of the next Halving forecast.
  

Versionshinweise:

• New data table design. Moreover, it is now fully configurable.
  
• A few other design adjustments.
  

Versionshinweise:

Addition of an alerting system. This alert can be activated by setting the condition "Bitcoin Cycle Synthesis 2/2 (BCS)" and selecting "Any alert() function call". The alerts sent are as follows:

• RSI enters buy/sell zone.
  
• Hash Ribbon buy signal.
  
• Puell Multiple enters/leaves buy/sell zone.
  

Other Updates:

• Some parameter values are now hidden for better readability.
  
• Code optimization.
  

Versionshinweise:

• Adjusting the next halving date.