Bitcoin Runs on a Clock: Why Every Price Indicator Dies and the Halving Clock Doesn't
Every widely followed Bitcoin cycle indicator (Pi Cycle, MVRV, Mayer, Puell) called turns precisely for a decade, then degraded in one sequence: precise, then early, then silent. This is one structural phenomenon. Across the four halving epochs (2011-2026), the per-cycle maxima of five top-calling oscillators decline monotonically while minima end higher, so any threshold calibrated on past cycles must stop firing; s…