20 days ago when Bitcoin was between 39-40k based on a prospective modeling I said there will be death cross in the June, My predicted date was June 21, 2021! Compare the quality of my works with Eagle eyes chart watchers ..! Link to original post:
Many people called me stupid, scammer, ...etc, but at least I know I started this to help others! I know I had mistakes but review my works and judge yourself..!
Death cross isn't always a reliable indicator. I can't see it going down much further, but lets see. 9% up today, not bad for a bear market.
Prior death crosses for bitcoin:
April 2018 and bitcoin dropped another ~ $6000 after death cross
Nov 2019 and bitcoin remained relatively flat and increased from $7000 to over $10000 by early 2020
March 2020 Covid and we know where we are at today
As you can see this is not the best indicator, and I think this is just more FUD. I'm not selling, are you?