Imo this second death cross is positive for Bitcoin.
But if people don't understand math is useless to explain how works moving average.
In short term: if the 50ma falls fast and no longer approaches the slow one, then it is a confirmed bear market, if the 50ma is close to the slow one, then it is close to a bullish move.
But basing everything on a single cross is useless, the situation can change.
For me, now nothing is changed.
February will tell us.
But if people don't understand math is useless to explain how works moving average.
In short term: if the 50ma falls fast and no longer approaches the slow one, then it is a confirmed bear market, if the 50ma is close to the slow one, then it is close to a bullish move.
But basing everything on a single cross is useless, the situation can change.
For me, now nothing is changed.
February will tell us.
