Bitcoin Death Cross - Should We Be Concerned? Will history repeat?

https://www.patreon.com/InvestAnswers #Bitcoin #BitcoinDeathCross #BitcoinGoldenCross #TA #CryptoTA Should we be concerned? Will history repeat? Let's take a look! In 2013, bitcoin dropped 73 percent pre-death cross and an extra 70 percent post-death cross. In 2017, they said it dropped 70 percent pre-death cross and an extra 65 percent post-death cross. While in 2019 they said it dropped 53 percent pre-death cross and an extra 55 percent post-death cross. 0:00 Intro - Disclaimer 0:20 Charting Tool - Trading View 0:40 Chart Settings - 200 DMA and 50 DMA and 1 day period 1:00 Death Cross Defined A death cross is a chart pattern that appears when a stock's short-term moving average—meaning the average price over a certain time period—crosses below its long-term moving average 2:00 Golden Cross False Signal Here in Feb to July 2020 all the signals were fake for both Death and Golden Crosses 3:O0 Other False Signals - Amazon a few weeks ago 3:45 Other Bitcoin Examples it did pop up but 104 days late it took another 268 days to fall further 4:15 When it Does Work Proven to be a reliable predictor of some of the most severe bear markets of the past century: in 1929, 1938, 1974, and 2008. Investors who got out of the stock market at the start of these bear markets avoided large losses that were as high as 90% in the 1930s. 5:12 Bitcoin Death Cross is Looming - it is inevitable and rapidly approaching - it is called Math. An 80% VOL asset will do this. 6:06 Death Cross Yes but RSI Oversold 6:35 Death Cross and Stock to Flow Big fan of Stock to Flow Model This time it is different as we are below the expected stock to flow number. Historically it was above the S2F expectation 8:35 Conclusions Lots of false signals Right half the time Check out Amazon and Bitcoin and Nike Death Cross works half the time based on history It has given many false and untimely signals for Bitcoin (history) It is coming - but that is math for such 80 Vol assets RSI is oversold To my knowledge we have never had a death cross while being under the Stock To Flow model expectation 10:00 BEWARE: Do not trade on TA Alone. Make sure you take into account all fundamentals and MACRO This is just my 2c - we may fall further but I think this time it is different. The MACRO backdrop is too bullish.