Bitcoin
Singkat

The Bitcoin Deathcross

Telah dikemas kini
The deathcross refers to the moment in time the 50 period moving average (50MA) declines below the 200 day moving average (200MA). This indicates a weakening trend.

The first Bitcoin deathcross happened in Apr 2014 and led to a ~70% price decline over 280 days.

The 2nd Bitcoin deathcross in April 2018 led to a 65% decline over 263 days.

The 3rd Bitcoin deathcross Oct 2019 led to a 55% decline over 141 days.

The 4th Bitcoin deathcross happened on June 18th, 2021 and led to a ... over ...


Averaging the declines from the first 3 deathcrosses (not counting the fakeouts in 2019), we get the following values:

242 days
64%

Which gives us a price/time target of $15,000 on Jan 28th, 2022.

**Not financial advices.**
Nota
I will not short support
Dagangan aktif
Bitcoin (Cryptocurrency)Economic CyclesMoving AveragesMultiple Time Frame Analysis

Penerbitan berkaitan

Penafian