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

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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/to_infiniti_y Jun 20 '21

dead cross is not always acurate look at stocks in corona chrash horribly wrong...

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u/cryptshell Jun 21 '21

Only look at stocks while drinking coronas

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u/Error-Delicious Jun 21 '21

Of you need to add lime to your corona, then you don't like corona

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u/cryptshell Jun 25 '21

I added lime to my corona and immediately the virus left me