Bitcoin Halving Cycles Indicator by Alb

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.