During the previous 2 cycles, once 
BTC's 100d-MA fell below the 600d-MA (death cross), BTC's price proceeded to capitulate to at or near the bear market lows.
OnceBTC's 100d-MA moved above the 600d-MA (golden cross), the 100d-MA did not come back down below the 600d-MA until the following cycle's lows.
Moving now to the current cycle,BTC's 100d-MA once again fell below the 600d-MA on May 13 2023. BTC's price then proceeded to capitulate down to the current cycle's low (~$15,473).
Then on July 26 2023,BTC's 100d-MA moved above the 600d-MA.
Now we just need to wait and see if the trend holds.
Confirmation won't be known until either the next bull cycle really kicks off, or if the 100d-MA is not able to hold above the 600d-MA before price can reach a new ATH.
Death to the Golden Cross
BTC's 100d-MA fell below the 600d-MA (death cross), BTC's price proceeded to capitulate to at or near the bear market lows.Once
BTC's 100d-MA moved above the 600d-MA (golden cross), the 100d-MA did not come back down below the 600d-MA until the following cycle's lows.Moving now to the current cycle,
BTC's 100d-MA once again fell below the 600d-MA on May 13 2023. BTC's price then proceeded to capitulate down to the current cycle's low (~$15,473).Then on July 26 2023,
BTC's 100d-MA moved above the 600d-MA.Now we just need to wait and see if the trend holds.
Confirmation won't be known until either the next bull cycle really kicks off, or if the 100d-MA is not able to hold above the 600d-MA before price can reach a new ATH.
Death to the Golden Cross
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.