Death Cross Incoming?
Forward Cross Projection shows that an average price ~60k would lead to a Crossing in 40 days.
A 'Death Cross' could provide the narrative backbone that leaves BTC under for longer than the most anticipate with more sideways trading, potentially losing 56k but probably not for long.
If true, last Bull Cycle the time the 50-SMA spent approximately 90 days under the 200-SMA and more recently that length was around 50 days.
A 'Death Cross' could provide the narrative backbone that leaves BTC under for longer than the most anticipate with more sideways trading, potentially losing 56k but probably not for long.
If true, last Bull Cycle the time the 50-SMA spent approximately 90 days under the 200-SMA and more recently that length was around 50 days.
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