It appears that the 50D SMA will go below the 200D SMA in a few weeks, unless the price of Bitcoin has a major and immediate move to the upside. But an upcoming death cross likely elicits the question, “Well what happens after a death cross?” In this video we go back in time and look to see what the price of Bitcoin did after previous death crosses. In the short-term after a death cross, the price of Bitcoin has previously pumped more than 40% on more than one occasion. Can we expect this again? Will the overall down trend stay the same as it has in prior death crosses? Let me know where you think the price of Bitcoin is headed in the comments!
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Disclaimer: The information presented within this video is NOT financial advice.
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