m.yektaersoy

BTCUSD: Tell me it won't do a DEATH CROSS

Short
m.yektaersoy Updated   
BITFINEX:BTCUSD   Bitcoin
50-day Moving Average is getting closer to 200-day Moving Average from above, and if it crosses we will see a huge dump.
I have always been trying to ignore this, but it's right there and scares the shit out of me.
There also seems SELL signal from MACD chart.
I guess we are gonna visit 7300$, maybe move further to 6000$ again.
I hope I'm wrong. Do you agree with this analysis?
Comment:
Dayyum it's getting closer!
I'm buckling up for a free fall...

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.