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HedgingChaos
Jul 15, 2021 8:19 PM

BTC Macro Drawdown Historical Review Short

Bitcoin all time history indexINDEX

Description

Using historical BTC drawdowns on the weekly charts, I calculate a simple average duration and drawdown percentage based on the starting point of the bearish LMACD cross and again on the first bullish LMACD crossing, and use the historical averages in duration and price drawdown to estimate potential scenarios for a similar drawdown position here.
Comments
BizzarTrading
Very interesting analysis about macd death cross, thanks for sharing your point
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