Bitcoin DEATH Cross - Good News?

in #cryptocurrency7 years ago


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Really like this video where you look at both corrections in 2013 and comparing them to today's situation! Thanks, Steve. Too many people neglect to look at the first drop in 2013. I had hopes that the latter scenario may be playing out instead of the dreaded long drawn-out bear market following December 2013. But you're right, the first drop seems "too friendly" compared to today, given that back then we hardly got below the 200 Day MA. Well, let's still hope that we get a "friendlier" scenario than 2014 for these two given reasons:

  1. the much more drastic and faster price rise in winter 2013 compared to 2017
  2. the much faster moving downward trend we have today compared to then - so maybe this bear market could actually be shorter?

Before the end of 2018 bitcoin will hit $50,000,buy,invest or multiply the ones you have and sell at $50k, i remembered when bitcoin was $18,000 everybody was regretting why they didn’t buy at $8,000, now its down to $8,000 instead investing, they’re saying it’s crashing, i had 3.7 btc which dropped from $66,000 to $37,000, i wasn’t happy, i researched for solution until i read about Diego Douglas bitcoin Program, i was skeptical at first but the first week with his strategy i made 13 btc with my 3.7, give him a try

Awesome. We'll be telling our grand kids about how we rode the Great Bitcoin Death Cross back in 2018.

Once again 👍👍. Today at 2:15 CST I was with my kids at the park and decided to check the market cap, it was at 277 bil. Not too good, then at around 4:00 CST I checked again and to my relief I saw that about 35 or so billion dropped in the market cap. What a relief.

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Read 'Financial Stability Board Chair's Letter to G20 Finance Ministers and Central Bank Governors' on Financial Stability Board official website is telling us a good news

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