“Bitcoin is about to print a life cross
A incredibly bullish sign for the market in a macro sense is about to print. However the actual cross itself is almost always bearish in the near term.
Note: A life cross is a when the 50-day SMA (blue) crosses up the 200-day SMA AND price action is above the 200-day SMA .
Looking left at past life crosses as shown below.
What kind of move are we likely to see? Which year is most similar to the past crosses. Honestly? Not one. Have studied each in turn, there’s no idea fractal .
However there are some clues, will share them elsewhere.. “
https://www.tradingview.com/chart/BT...-a-life-cross/
A incredibly bullish sign for the market in a macro sense is about to print. However the actual cross itself is almost always bearish in the near term.
Note: A life cross is a when the 50-day SMA (blue) crosses up the 200-day SMA AND price action is above the 200-day SMA .
Looking left at past life crosses as shown below.
What kind of move are we likely to see? Which year is most similar to the past crosses. Honestly? Not one. Have studied each in turn, there’s no idea fractal .
However there are some clues, will share them elsewhere.. “
https://www.tradingview.com/chart/BT...-a-life-cross/
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