💥 Robert Kiyosaki - I invest in Bitcoin and Ethereum knowing they can boom and bust, because the Fed, the US Treasury, nor Buffet can produce Bitcoin or crypto.
The $BTC Death Cross is officially in. Historically, this ominous signal has often marked a local low before a strong bounce, acting more as a lagging confirmation of prior weakness than a predictive crash.
Future Watch: Bounce Time: Watch the next - approx 7 days. A strong reversal here suggests the cycle is not over and the Death Cross was the shakeout.
Failed Bounce: If we see no significant bounce, expect more downside before a potential rally (likely to the 200D SMA) which could set a macro lower high.
Past Lesson: Don't panic. Death Crosses can be bear traps. The market is giving us a clear ultimatum: bounce now or face another leg down.
Trade the market you have, not the market you want.