Bitcoin 3d Death Cross - 2014 vs 2018 Long

Bitcoin / DollarBitfinex

Description

⋅ Dec 15, 2018 6:51 PM

Bitcoin 3 day death cross on Dec 21, 2014:
- 51% drop, in 23d
+ 89% rise, 180d
- 48% drop 36d
+ 210% rise 78d

Same scenario applied to today yields the following results (see chart).
Total duration from death cross to golden cross was 406 days back in 2014.

Comments

phil3500

⋅ Dec 15, 2018 7:13 PM

Can't see anything on the chart...

Synbits

⋅ Dec 15, 2018 6:56 PM

The chart is messed up for me.
Here is the data:
First drop target around 3.1k.
Rise to approx 6k by June 2019
Drop to ~3k July 2019
Rise to ~9k by October 2019.