01-12-2022, 04:11 AM
Bitcoin's Death Cross
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/s1hua1/bitcoins_death_cross/"> <img src="https://b.thumbs.redditmedia.com/R86ddVd1h4Kt1Gx35euW3IIVXKovHYEWg-mb-4VbJ5Q.jpg" alt="Bitcoin's Death Cross" title="Bitcoin's Death Cross" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Ahh, yes, the ominous-sounding Death Cross...a description of when bitcoin’s 50-day moving average crosses its 200-day moving average. Historically, this has indicated the end of a bull market. </p> <p>Notable death cross events in traditional markets include the Wall Street Crash of 1929 and the 2008 Financial Crisis.</p> <p><a href="https://preview.redd.it/f1fz5jwib3b81.jpg?width=2048&format=pjpg&auto=webp&s=1d70644653779f2f02fcbb1fdff163a7ce82c485">https://preview.redd.it/f1fz5jwib3b81.jpg?width=2048&format=pjpg&auto=webp&s=1d70644653779f2f02fcbb1fdff163a7ce82c485</a></p> <p>Bitcoin’s 50-day moving average (red) looks set to fall below its 200-day moving average (green).</p> <p>What are your plans if this happens? Obviously, <em>we don't know shit about fuck,</em> but 'analysts' predict a large sell-off at the $40k threshold. Are you buying the dip? Waiting for a double-dip?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/joepurd"> /u/joepurd </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1hua1/bitcoins_death_cross/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1hua1/bitcoins_death_cross/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/s1hua1/bitcoins_death_cross/"> <img src="https://b.thumbs.redditmedia.com/R86ddVd1h4Kt1Gx35euW3IIVXKovHYEWg-mb-4VbJ5Q.jpg" alt="Bitcoin's Death Cross" title="Bitcoin's Death Cross" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Ahh, yes, the ominous-sounding Death Cross...a description of when bitcoin’s 50-day moving average crosses its 200-day moving average. Historically, this has indicated the end of a bull market. </p> <p>Notable death cross events in traditional markets include the Wall Street Crash of 1929 and the 2008 Financial Crisis.</p> <p><a href="https://preview.redd.it/f1fz5jwib3b81.jpg?width=2048&format=pjpg&auto=webp&s=1d70644653779f2f02fcbb1fdff163a7ce82c485">https://preview.redd.it/f1fz5jwib3b81.jpg?width=2048&format=pjpg&auto=webp&s=1d70644653779f2f02fcbb1fdff163a7ce82c485</a></p> <p>Bitcoin’s 50-day moving average (red) looks set to fall below its 200-day moving average (green).</p> <p>What are your plans if this happens? Obviously, <em>we don't know shit about fuck,</em> but 'analysts' predict a large sell-off at the $40k threshold. Are you buying the dip? Waiting for a double-dip?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/joepurd"> /u/joepurd </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1hua1/bitcoins_death_cross/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1hua1/bitcoins_death_cross/">[comments]</a></span> </td></tr></table>Kind Regards R