Bitcoin Death Cross 2022: el que has de saber sobre el senyal mortal

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Bitcoin Death Cross 2022: el que has de saber sobre el senyal mortal

All across crypto, fear is in the air. Not only is the market shaken from the recent downtrend, but there’s an extra layer of doom and gloom due to an impending “death cross” in Bitcoin.

Learn all about the ominous sounding crossover of two commonly watched moving averages, what the signal could mean, and how Bitcoin price has reacted in the past.

The "death cross" is nigh | Source: BTCUSD on TradingView.com Does The Bitcoin Death Cross Mean Doom And Gloom For Crypto?

Bitcoin price on daily BTCUSD charts is only days away from completing a “death cross.” According to Investopedia, “a death cross is a technical chart pattern indicating the potential for a major sell-off.” It occurs when a short-term moving average (in this case the 50-day MA) crosses below a long-term moving average (the 200-day MA).

The signal tells investors that the asset’s growth has slowed and is showing potential of a bear trend. Long-term price depreciation is possible. However, in Bitcoin, things don’t always behave the way they should.

Related Reading | 2022: The Year The Secular Bitcoin Bull Run Could End

En vuit encreuaments de mort totals a la primera criptomoneda de la història, la caiguda mitjana en un mes des de l'encreuament és de només un 25% (h/t Dan a través de TonyTradesBTC), una mica per als estàndards criptogràfics.

The opposite signal, golden crosses, also don’t always have a positive impact, either. In fact, Bitcoin price is lower now today than it was when the last golden cross triggered.

The history of death and golden crosses in emoji | Source: BTCUSD on TradingView.com Data Shows Whether Or Not You Should Fear The Reaper

Aquests crossovers s'utilitzen sovint per confondre el mercat durant les fases de consolidació. Abans de l'esclat de toros del 2020, hi va haver dues creus de mort i dues creus d'or. Una creu de mort notable a l'octubre de 2019 va donar lloc a una bomba del 42% el senyal del dia anterior.

Malgrat la força, l'acció dels preus va ser rebutjada fins a nous nivells mínims, només a la creu daurada, la creu de la mort i després una altra vegada a la creu daurada. Abans de la llegendària corrida de toros 2016-2017, també hi va haver una falsificació similar, representada a la caixa verda.

Related Reading | The Hidden Bitcoin Trend Line That Could Save The Bull Run

Prior to the 2014-2015 bear market, however, there was a death cross, golden cross, back into a death cross fakeout that closely mimics the situation brewing in Bitcoin right now in the red box.

Another such example could result in a renewed bear phase. But the data otherwise shows that the “death cross” is not a reaper you need to fear.

How will #Bitcoin . React to the “death cross”

— NEWSBTC (@newsbtc) January 12, 2022

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