Krauser

BTC 100 and 200 MMA cross announcing bear market?

BITFINEX:BTCUSD   Bitcoin
Few days ago, announcing a dump, the 100 and 200 MMA crossed.
When did it happened the last time? In 2014, during the crash:


Looks very similar, right?

Now:


But when did those MMA crossed again?


In November 2015 to signal the end of the bear market.

Now, I am still hoping that this dip will be a spring and that we bounced around the $5500/5800 level, but I cannot ignore this strong signal that BTC will not bounce so soon and stay in low levels.
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