JefeCaan

When Something Looks Too Good to Be True

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC Death Cross. OMG! We are doomed. This is going down to $2000. Sell, sell, sell. Get out before it is too late. Wait, what?!
Lol.
OMG Btc 50 dollarz in 10 days!!
Curiously, the 2014 12h chart death cross, ended up creating a very important bull trap. Then a second death cross happened and Btc diped for almost a year.
But you are right, this death cross is not necessary what is causing the low of Btc, the sell manips are the cause of the crash, as always, and of course it forms death crosses in this mass selling process
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JefeCaan Giorgioversace
@Giorgioversace, Name of the game is patience, my friend.
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JefeCaan Giorgioversace
@Giorgioversace, There's a reason people don't include 2014 in their BTC analysis. Go find it.
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Your targets are probably on point @ $6k
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JefeCaan Cryptic_Insight
@Cryptic_Insight, I wouldn't count on it. These are just possibilities one needs to be prepared for.
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Cross should happen in a day or two unless we get a massive pump over the weekend
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JefeCaan Cryptic_Insight
@Cryptic_Insight, It happened. Insignificant. No effect. Nada
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@fakhan, EMA's haven't crossed yet on the daily, Just the MA. I'm watching that just in case.
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JefeCaan Cryptic_Insight
@Cryptic_Insight, Inconsequential.
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@fakhan, Looks like the EMA death cross was a bit more consequential than anticipated.
+1 Reply
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