Bitcoin: Thoughts On The Death Cross

Bitcoin: Thoughts On The Death Cross




Golden crosses and death crosses are very much lagging indicators as they are based off of moving averages. If anything, many …

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About the Author: Benjamin Cowen

38 Comments

  1. Bars on the chart goes up and down, up and down, up and down, bars on the chart goes up and down all through the year 😂😂😂 hodlers song 😂😂😂

  2. ok Ben, now you I love you brah, but lets get technical and theoretical. If its an indicator, doesnt that mean that its lagging by default? as in the input has been provided so the outcome is delayed by the time taken to process the inputs and spit out the end result?

  3. you are looking at the death cross in a very bias way.1 example it crashed after a massive market wide dump due to covid, so using that is unfair. the one from last june is the only except where death cross was not usefull. Every other death cross marked a slight pump a few days around the cross, followed by a lower low and much lower low ultimately

  4. I too, never understood the significance of a death cross in relation to the bear market happening. Of course the bear market is going to have a death cross since a death cross just means the recent price isn't as high than the avg prices over a longer time span, which means price is down. If the death cross had a 100% hit rate of signalling the bear market however, then that would be a different thing.

  5. The market is gonna follow the early 2021 rally and end in crypto winter after May, just a guess. Not a fan of rise and fall anymore, people think Investing in crypto is all about buying coin and leaving it to rise, 😀 😀 common it takes much analysis to be a successful crypto trader, i trade with Edward James, his skills set is exceptional. A portfolio I got into the strategy with 1.3BTC is growing to 6.6Btc>🙌🏻…,

  6. At some point in 2021 i have withdrawn some btc, because it’s good to take profit if you make life-changing money, but i have never sold even one single ETH ever. Its my biggest bet and my conviction is strong. i bought it at $150 and i am not selling till $10k.

  7. Thanks a lot Ben, I've heard from a dutch crypto youtuber that there's a double top pattern which may actually tell us that there's a big drop incoming soon. Is this true?

  8. The key distinction is in May we were still in a strong bull market. That dip was because of China Ban and SNL. We are repeating a death cross inside a year while the market is actually bearish, the fed turning hawkish, no more trillions in stimulus, China and Russia making military moves, Omicron maxing out. I think sideways, down or up all have the same odds at this time and maybe for the next couple months.

  9. Assalamualaikum warahmatullahi wabarakatuh,
    Welcome to bear market,
    Allah said that riba is dangerous
    We have to avoid them.
    وَاَحَلَّ اللّٰهُ الۡبَيۡعَ وَحَرَّمَ الرِّبٰوا
    Allah prohibit us to go away from riba,
    Someone will rule you to make your life worse!!
     فَآتِ ذَا الْقُرْبَىٰ حَقَّهُ وَالْمِسْكِينَ وَابْنَ السَّبِيلِ ذَٰلِكَ خَيْرٌ لِّلَّذِينَ يُرِيدُونَ وَجْهَ اللَّهِ وَأُولَٰئِكَ هُمُ الْمُفْلِحُون
    Actually Allah the great said riba is haram, you are not allow to buy or sell something in riba,
    Dont lend and hope more than you gave..

    Please move out from crypto currency,
    You will see that crypto will be 0!!
    Masyallah Islam had proved that Allah is great..
    Just stop playing cryptos and
    Lets convert to Islam,
    If my prediction is right about cryptos will make you poor!!
    May Allah Protect us!

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