BTC: The Death Cross is here!

2023年9月12日

It looks like the Death Cross has happened, which means the current trend will likely continue downward for a while. Sometimes prices go up briefly after a Death Cross before falling again. Keep in mind that the Death Cross is not a definitive sign, but rather confirms what we already expect - that the trend will keep going down for some time.

2023年9月13日

註釋

Based on current market sentiment, it appears that a downturn is on the horizon. This could result in revisiting prior lows (15k-16k) or even reaching new lows within the range of 10k-13k. However, after this decline, there is a good chance that the market will shift towards a bullish phase. My prediction is that BTC will reach its lowest point within the next six months, but recovery is expected by Summer 2024. It is recommended to have a strategy in place for this potential downturn.

2023年9月18日

註釋

The price retested the Death Cross, as expected! Most likely to continue its downward trajectory.

2023年9月19日

註釋

Massive bearish divergence!

2023年9月21日

註釋