Blue Sun's Twilight + Dockside Extortionist + Swarm Intelligence + Anarchist

Banned

How it works

Cast Blue Sun's Twilight by paying , targeting Anarchist.
Swarm Intelligence triggers, creating a copy of Blue Sun's Twilight, targeting Dockside Extortionist.
Resolve the copy of Blue Sun's Twilight, creating a token copy of Dockside Extortionist.
The Dockside Extortionist token enters the battlefield, creating at least eight Treasure tokens.
Resolve the original Blue Sun's Twilight from step 1, creating a token copy of Anarchist.
The Anarchist token enters the battlefield, returning Blue Sun's Twilight from your graveyard to your hand.
Activate seven Treasure tokens by tapping and sacrificing them, adding .
Repeat.
Once you have infinite mana, you may instead target Anarchist and any other creature to get infinite copies of any creature on the battlefield.

In which brackets is this combo allowed, per Spellbook's Banned tier?

1–2 · Exhibition & Core

Spellbook classifies this as Banned — not for these brackets.

3 · Upgraded

Spellbook classifies this as Banned — not for these brackets.

4–5 · Optimized & cEDH

Spellbook classifies this as Banned — not for these brackets.