Bitcoin death cross analysis! BTC and crypto news 2022
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Go in to the News Lark, that is the only things moving the market. Crosses and fullmoons are just crazytalk, haha…
”You’re not bullish enough!” – Lark Davis
You can’t have a golden Cross without a death cross
thanks @lark. love your videos.
The more I understand about charts ( not much BTW) the more it looks like tossing the dice.
Think we had a golden cross last year and that did fak all. Death cross probably same.
I think things are going to do sideways until a little after rates are raised. With that being said, I imagine quick drops for the inevitable bad news comes out.
Death cross = lagging indicator. So we already know bitcoin has been bearish and might continue bearish for a bit. However, typically after the death cross happens and we’re in an overall uptrend, then golden crosses can occur after that! Which suggests that we may have already bottomed or will bottom soon before going higher.
Overall, we’re in an interesting spot in this cycle. Inflation high, low interest rates and a Fed that is stuck in between those difficult parameters.
If BTC dips more then it’s on a super sale. If it goes up that’s great. Win win!
I appreciate your time Lark.
Lark, thanks so very much for your daily videos and I have learned so much since beginning to follow you on YouTube 2 years ago. Cheers!!!
The 3 of the 8 death crosses that were brutal. came after 3 insane parabolic blow of tops….
Which we have not had so far in this cycle
You only get an -85% correction after a 2000% pump !!!
Think about it…. Use ya head
I’d welcome a big sell off. As long as it lasts long enough for me to scare up some more FIAT.
“Who the heck was selling their Bitcoin for 39,000?” The answer is overly leveraged longs were being forced to sell it.
Death cross will hopefully just wash out some of the doubters – I expect a drop then a surge as the scramble begins
They don’t call it the Wall Street casino for nothing. It’s more like poker though where skill actually can increase your chances of getting paid.
The TA and the news compliment each other to the point where it becomes a “chicken or the egg” scenario. When BTC is in bull mode no amount of bad news can bring it down while conversely in a bear market it seems like good news does nothing to help it.
Maybe BTC is calming down a bit as it matures? We’ve seen NFTs sell for millions of dollars what about that doesn’t seem like euphoria? Just because your particular bag didn’t see a blow-off top doesn’t mean the overall market hasn’t run its course.
You are the man! Thank you for the videos
Bitcoin bull run 🏃♀️ expected to take off again in 2022, and overlap with the run up to next years Litecoin reward halving.
Previous run ups had a huge effect 🌪
None of this matters if you think bitcoin will be alot higher in 5 years!