# PlanB Market Cycle ### Plan B Market Cycle Indicator The Plan B Market Cycle framework visualizes Bitcoin’s multi‑year cycles by combining long‑term moving averages, valuation anchors, and momentum context to identify macro phases. ### Core Ideas * Halving‑driven issuance step‑downs provide a structural backdrop * Long‑term trend floors like the 200WMA anchor cyclical lows * Valuation and momentum overlays add regime context ### How to Read It * Recovery: Price reclaims Realized Price and trends toward the 200WMA * Expansion: Persistent trade above long‑term baselines with strengthening momentum * Euphoria/Late Cycle: Extended deviations above long‑term anchors and overheated momentum * Contraction: Mean reversion toward long‑term floors and on‑chain cost basis ### Steps to Use 1. Identify regime via price relative to Realized Price and 200WMA 2. Cross‑check momentum overlays for confirmation 3. Monitor distance from baselines to gauge overheating vs value ### Tips * Use in log scale for multi‑cycle context * Combine with MVRV, NUPL, Delta Cap, and Realized Price ### Use Cases * Macro allocation and risk management across cycle stages ## --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.blockhorizon.io/chart-tutorials/planb/planb-market-cycle.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.