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EndaKeane
Jun 14, 2021 4:29 PM

Bitcoin Moving Average for 50 day and 200 Day  Long

Bitcoin Liquid IndexBrave New Coin

Description

This chart is posing the question, " Will the Moving Average(MA) crossover occurr in the next two weeks or so or just Bounce off the 200 day moving average."

From my reading of the charts the pattern is similar to the 2009-2013 cycle and not at all like the same period leading into the cycle peak of the 2013-2017 cycle.
As can be seen , there were two peaks in 2013 , early May and Nov/Dec of 2013.
If this pattern repeats 2013-2017 we are hopefully looking at an other upswing and completion of Satoshis cycle design for each period of deminishing returns.

Comments
mpmelika
Ema 50 is already touched MA 200 i think in 4-8 hours later we are going to has some sale , but MA 50 is not that closed to 200 still it has time but to be honest I’m thinking this trend will keep to going down
EndaKeane
@mpmelika, for the Death cross , I am only interested in the Day time scale. It gives hope that we dont cross soon and we get a bounce off the 200d.
I don't use the Death/Golden Cross on a lower time scale. I maybe wrong to to this but I do.
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