ToodlesTrader
Long

Death Cross Imminent

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
We all know this death cross will happen the question is how long will we stay under the 200 DMA. If you look back you can see that it wouldn't be the first time we had a death cross followed by a bull run ( Sep 2015) will this repeat. With the OTC market drying up will this be the last chance we get to buy at these levels or are we in for a long accumulation phase. I know what my plan is. Do you have one? Comment your thoughts I would love to hear them.

Comments

@ToodlesTrader you don't need to go that far lst death cross in 2018 did get a bounce to fall much harder afterward
+1 Reply
luissjp luissjp
@luissjp, same on eth recently, as you mention 2015 second deathcross was a bear trap but not sure we are in the same situation.
+1 Reply
luissjp luissjp
+1 Reply
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