he who has patience should wait..to say that it will not return to 70? haha there are people who only take profits, even if it were to go to 200k it would generate a cascading sale

🔥ATTENTION🔥

🚀 The BIG stage for #Bitcoin is emerging.
💥 There is a signal that, although it tends to be EXTREMELY NEGATIVE, in certain contexts can turn POSITIVE.

What do I mean exactly⁉️

👉 #Bitcoin had a "DEATH CROSS", meaning the 200-period moving average crossed above the 50-period moving average.
🔻 This signal was seen in the COVID crash, just before BTC dropped 55%.
🔻 It also appeared in 2014, 2018, and 2022, just before major drops averaging 52%.
🔻 That is, DEATH CROSSES that arise in bear markets anticipate significant declines with quite a bit of accuracy.

But what happens when they occur in another context⁉️

🔸 When death crosses appear at the beginning or in the middle of a bull market, and are quickly followed by a GOLDEN CROSS, they transform into a great buying opportunity.
🔸 This was seen in September 2015, March 2020, and June 2021.
🔸 Even in this cycle: in September 2023 and August 2024, #Bitcoin had a DEATH CROSS that was shortly followed by a GOLDEN CROSS.

📍 On average, these patterns led to a rise of 98% in 6 months, which today would place BTC near $150,000.
📍 And yes, as you can see in the chart, $BTC had a death cross and is now about to form its golden cross.

$BTC

#BinancePizza