OPEN-SOURCE SCRIPT
BCM Bitcoin Cycle Engine v6 BRC Model
Bitcoin Cycle Engine v6 — BRC Model
Overview
Bitcoin Cycle Engine v6 (BRC Model) is an advanced Bitcoin macro-cycle analysis framework built upon the excellent Bitcoin Rainbow Wave model originally created by Leo (@leomathheart).
The model combines multiple independent long-term indicators into a single decision engine to estimate Bitcoin’s current position within its market cycle.
It is designed for Daily timeframe analysis and long-term investors.
⸻
Features
• Power Law Regression
• Rainbow Bands
• Rainbow Wave
• Halving Cycle Timing
• Cycle Phase Detection
• Accumulation vs Distribution Engine
• Market Regime Classification
• Dynamic Risk Assessment
• Confidence Score
• Timing Score
• Long-Term Cycle Targets
• Dynamic Buy Zones
⸻
How to Use
The indicator is intended to identify where Bitcoin currently sits within its long-term cycle.
BCM Score
Overall macro-cycle strength.
Higher values indicate stronger long-term accumulation conditions.
⸻
Expected Phase
Shows the most likely market phase.
Examples:
• Bottom Building
• Recovery
• Expansion
• Distribution
⸻
Accumulation / Distribution
Represents the current probability that the market is in an accumulation or distribution environment.
These values are independent probabilities and therefore do not necessarily add up to 100%.
⸻
Risk Mode
Current market risk:
• Low
• Medium
• High
⸻
Rainbow Floor
Estimated long-term support generated from the Power Law Rainbow model.
Historically Bitcoin has respected this area throughout previous market cycles.
⸻
Buy Levels
Next Buy
Major Buy
Extreme Buy
These levels represent progressively stronger accumulation zones rather than exact reversal prices.
⸻
Targets
Mid Target
Cycle Target
Long Target
These are statistical cycle objectives generated from the model and should not be interpreted as guaranteed price predictions.
⸻
Best Timeframe
Recommended timeframe:
Daily (1D)
The model is designed for macro-cycle analysis and is not intended for intraday trading.
⸻
Acknowledgements
Special thanks to Leo (@leomathheart) for creating the original Bitcoin Rainbow Wave model that inspired this work.
The BRC Model significantly extends the original framework with proprietary cycle scoring, market regime analysis, timing models and macro-cycle intelligence.
⸻
Disclaimer
This indicator is intended for educational and research purposes only.
It represents a probabilistic market model and should not be considered financial advice.
Overview
Bitcoin Cycle Engine v6 (BRC Model) is an advanced Bitcoin macro-cycle analysis framework built upon the excellent Bitcoin Rainbow Wave model originally created by Leo (@leomathheart).
The model combines multiple independent long-term indicators into a single decision engine to estimate Bitcoin’s current position within its market cycle.
It is designed for Daily timeframe analysis and long-term investors.
⸻
Features
• Power Law Regression
• Rainbow Bands
• Rainbow Wave
• Halving Cycle Timing
• Cycle Phase Detection
• Accumulation vs Distribution Engine
• Market Regime Classification
• Dynamic Risk Assessment
• Confidence Score
• Timing Score
• Long-Term Cycle Targets
• Dynamic Buy Zones
⸻
How to Use
The indicator is intended to identify where Bitcoin currently sits within its long-term cycle.
BCM Score
Overall macro-cycle strength.
Higher values indicate stronger long-term accumulation conditions.
⸻
Expected Phase
Shows the most likely market phase.
Examples:
• Bottom Building
• Recovery
• Expansion
• Distribution
⸻
Accumulation / Distribution
Represents the current probability that the market is in an accumulation or distribution environment.
These values are independent probabilities and therefore do not necessarily add up to 100%.
⸻
Risk Mode
Current market risk:
• Low
• Medium
• High
⸻
Rainbow Floor
Estimated long-term support generated from the Power Law Rainbow model.
Historically Bitcoin has respected this area throughout previous market cycles.
⸻
Buy Levels
Next Buy
Major Buy
Extreme Buy
These levels represent progressively stronger accumulation zones rather than exact reversal prices.
⸻
Targets
Mid Target
Cycle Target
Long Target
These are statistical cycle objectives generated from the model and should not be interpreted as guaranteed price predictions.
⸻
Best Timeframe
Recommended timeframe:
Daily (1D)
The model is designed for macro-cycle analysis and is not intended for intraday trading.
⸻
Acknowledgements
Special thanks to Leo (@leomathheart) for creating the original Bitcoin Rainbow Wave model that inspired this work.
The BRC Model significantly extends the original framework with proprietary cycle scoring, market regime analysis, timing models and macro-cycle intelligence.
⸻
Disclaimer
This indicator is intended for educational and research purposes only.
It represents a probabilistic market model and should not be considered financial advice.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.