Bitcoin Death Cross 2022: What You Need To Know About The Deadly Signal

Oleh NewsBTC - 2 tahun yang lalu - Masa Membaca: 2 minit

Bitcoin Death Cross 2022: What You Need To Know About The Deadly Signal

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.

Bacaan Berkaitan | 2022: Tahun Sekular Bitcoin Bull Run Boleh Berakhir

Merentasi lapan jumlah silangan kematian dalam mata wang kripto yang pertama, penurunan purata dalam tempoh sebulan daripada salib adalah hanya 25% (h/t Dan melalui TonyTradesBTC) – kecil mengikut piawaian kripto.

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

Crossover sedemikian, sering digunakan untuk mengelirukan pasaran semasa fasa penyatuan. Menjelang pelarian lembu jantan 2020, terdapat dua salib kematian dan dua salib emas. Satu salib kematian yang ketara pada Oktober 2019 menghasilkan pam sebanyak 42% pada isyarat sehari sebelumnya.

Walaupun kekuatannya, tindakan harga telah ditolak kembali ke paras terendah baru, hanya kepada salib emas, salib kematian, kemudian salib emas sekali lagi. Menjelang larian lembu 2016-2017 yang terkenal, terdapat juga pemalsuan yang serupa - digambarkan dalam kotak hijau.

Related Reading | The Hidden Bitcoin Garisan Aliran Yang Boleh Menyelamatkan 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

Ikuti @TonySpilotroBTC di Twitter atau sertai Telegram TonyTradesBTC untuk mendapatkan pandangan pasaran harian eksklusif dan pendidikan analisis teknikal. Sila ambil perhatian: Kandungan adalah pendidikan dan tidak boleh dianggap sebagai nasihat pelaburan.

Gambar pilihan dari iStockPhoto, Carta dari TradingView.com

Sumber asal: NewsBTC