BTC: The Death Cross is here!

It looks like the Death Cross has happened, which means the current trend will likely continue downward for a while. Sometimes prices go up briefly after a Death Cross before falling again. Keep in mind that the Death Cross is not a definitive sign, but rather confirms what we already expect - that the trend will keep going down for some time.

Uwaga

Based on current market sentiment, it appears that a downturn is on the horizon. This could result in revisiting prior lows (15k-16k) or even reaching new lows within the range of 10k-13k. However, after this decline, there is a good chance that the market will shift towards a bullish phase. My prediction is that BTC will reach its lowest point within the next six months, but recovery is expected by Summer 2024. It is recommended to have a strategy in place for this potential downturn.

Uwaga

The price retested the Death Cross, as expected! Most likely to continue its downward trajectory.

Uwaga

Massive bearish divergence!

Uwaga

BTC: The Death cross rally has come to an end!

MBM_Crypto

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MBM_Crypto

🔥 Lifetime Premium Access – $99

BTC updates, altcoin setups, key levels, targets & educational posts.

🎖 Free Telegram: t.me/MBM_786kr
📩 To join Premium: DM @MBM786kr on Telegram

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