When was the last time BTCUSD experienced a death cross? - March 2020
What happened after in terms of price movement?
Initial sell off (-16%) in the days immediately following the death cross (algos? twitter?), then BTC rocketed 25% over the same span of days, before more than 2xing over the next 4.5 months...
What would the price be if we followed the same percentage moves?
Initial sell off: Approx Current BTC Price $40,000 - ($40,000 * 0.16) = $33,600
25% rebound: $33,600 * 1.25 = $42,000
Approx 110% move: $42,000 * 2.1 = $88,200
BTC to $88K by November???
What happened after in terms of price movement?
Initial sell off (-16%) in the days immediately following the death cross (algos? twitter?), then BTC rocketed 25% over the same span of days, before more than 2xing over the next 4.5 months...
What would the price be if we followed the same percentage moves?
Initial sell off: Approx Current BTC Price $40,000 - ($40,000 * 0.16) = $33,600
25% rebound: $33,600 * 1.25 = $42,000
Approx 110% move: $42,000 * 2.1 = $88,200
BTC to $88K by November???
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.