Iată cum iminentul Death Cross a Bitcoin ar putea fi un semnal contrar de cumpărare

Tranzacționare cu bitcoin deathcross. How to Spot Bitcoin's Golden or Death Cross Using Simple Moving Averages

Bitcoin is approaching the moving average "death cross".

Last time this happened, Bitcoin established a bottom soon after. On-chain metrics suggest similar dynamics could play out again. This has happened a few times already, most recently in July, and it was contrary to intuition a bullish signal. On top of that, we have some evidence from on-chain metrics that suggest Bitcoin could experience a short-squeeze but also point to the fact that retail is losing interest while HOLDers continue to accumulate. Lastly, I point out the key levels to watch out for moving forward.

Bitcoin: Buying The 'Death Cross' Hand Over Fist

The Dreaded Death Cross A death cross occurs when the day moving average crosses below the days moving average. It can be seen as a signal that market sentiment and momentum is shifting since this happens when the price has seen a sustained downwards trend.

tranzacționare cu bitcoin deathcross

We saw a death cross in Bitcoin back in mid-July Death Cross Tradingview We can see an interesting dynamic played out when this happened last.

However, while this was technically a bottom, it is interesting to note that Bitcoin bounced back merită să investești în monedă virtuală then continued consolidating in a downwards trend for almost a month.

Following this, Bitcoin rallied strongly in Tranzacționare cu bitcoin deathcross and September. The question is, where do we go from here? Will recent history repeat itself?

Iată cum iminenta cruce a morții Bitcoin ar putea fi un semnal de cumpărare contrară

Some further insights can be gathered by looking into on-chain metrics. On-chain metrics Looking at some on-chain metrics, I would argue that we may see Bitcoin playing out similarly as it did back in June. This situation increases the likelihood of a squeeze, which could probably be of the short type.

tranzacționare cu bitcoin deathcross

This is already happening to an extent, but we could see a further move up. One metric that shows this is the Net Hodler position change. One way to see this dynamic is through Hodler Net Position Change, which is the rolling day change in coin maturation.

Nov 16, at a. UTC Updated Sep 13, at a. UTC CoinDesk Insights Understanding short-term and long-term moving averages MAs is important for trading strategies, whether for cryptocurrency or traditional assets. Two rare but powerful signals that traders look for occur when the short-term and long-term MAs cross. On the upside, that's the golden cross, and, on the downside, it's called the death cross.

As units of BTC age and mature in investor wallets, they accrue Coin Days, which are 'destroyed' upon spending and help to produce various lifespan metrics.

In other words, coins are not changing hands, signaling a lack of volume and activity by retail investors. Typically this is a bearish indicator.

tranzacționare cu bitcoin deathcross

It signals a consolidation phase where the smart money accumulates. However, I expect this will be followed by another leg up.

tranzacționare cu bitcoin deathcross

The question is, how long will we consolidate for? Back in July, Bitcoin traded down for around a month following the death cross.

How to Spot Bitcoin's Golden or Death Cross Using Simple Moving Averages

This could be enough time for metrics to reset and another bull run to take place. We have indicators that we will see a short-term pop, based on open interest, followed by a consolidation phase, based on coin maturation. Just like the last time the death cross appeared. The chart below shows some parameters and my primary expectations.

Following this, however, I would expect to see a continued downwards trend.

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I think this would be as low as we go, and a good place to add. This is assuming that the death cross plays out like it did last time.

First Mover Americas: The Bitcoin Death Cross

I am not trading Bitcoin at this point and will be adding if we break support. Takeaway A lot of people these days are calling for the beginning of the crypto winter, a theory that I have talked about before.

tranzacționare cu bitcoin deathcross

The market has a habit of surprising people when they think they know tranzacționare cu bitcoin deathcross is coming. I do think we will see a bear market eventually, but overall, Bitcoin has become too entrenched in the system to see the kind of crash we saw in If this plays out like the last death cross, a nice bull rally is in the cards.

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The chart pattern is named after the cross shape that the moving averages make and the resulting downward spiral. It can occur in individual stocks or in various funds, as well as in other assets like cryptocurrency. Spotting a Death Cross on a bitcoin chart With bitcoinits short-term, day moving average is rapidly closing in on its long-term, day moving average. In other words, a decline is not necessarily imminent right when the short-term average slips below the long-term average. They also say that the death cross does not guarantee future declines, as other market forces can drive the security — or currency — higher.

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