shubbs

Bitcoin Golden Crosses (50 dma crosses over the 200 dma)

Long
BNC:BLX   Bitcoin Liquid Index
Bitcoin Golden Crosses (50 dma crosses over the 200 dma): Lark covered these in his latest video. I summarize them as follows:

2/7/12 $5.64 Golden Cross
11/30/13 Top $1177 208.7 fold

10/26/15 $247 Golden Cross
12/17/17 $197674 Top 80.0 fold

4/22/19 $4487 Golden Cross
6/26/19 $13831 top 3.1 fold

5/11/20 $8067 Golden Cross (also was the last halving date)
4/14/21 $64840 top 8.0 fold

9/15/21 $45825 Golden Cross
12/15/21? $140000 ? 3.1 fold ?

3.1 fold happened in 2019 in 2 months in 2019; it can happen again in 3 months by the end of this year

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.