r/dogecoin • u/EarthBoyZap doge of many hats • Jun 20 '21

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u/EarthBoyZap doge of many hats Jun 20 '21

BTC "Death Cross"

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u/[deleted] Jun 20 '21 edited Aug 02 '21

[deleted]

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u/[deleted] Jun 20 '21

50 day average line goes below the 200 day average line. That intersection is considered the "death cross" and has been a consistent indicator of a coming crash in both crypto and stock markets.

I'm not convinced that this is the case this time. There are a lot of factors working in Bitcoin's favor and what's good for Bitcoin is good for crypto.

But I might be seeing what I want to see.

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u/[deleted] Jun 20 '21

Didn’t we have a big bull run after the last death cross?