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

Od NewsBTC - pred 2 rokmi - Čas čítania: 2 minúty

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.

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

V rámci ôsmich celkových krížení smrti v vôbec prvej kryptomene je priemerný pokles za mesiac od kríženia iba 25 % (h/t Dan cez TonyTradesBTC) – podľa krypto štandardov nepatrný.

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

Takéto prechody sa často používajú na zmätenie trhu počas fáz konsolidácie. Pred vypuknutím býka v roku 2020 boli dva kríže smrti a dva zlaté kríže. Jeden pozoruhodný úmrtný kríž v októbri 2019 viedol k 42% pumpovaniu signál deň predchádzajúci.

Napriek sile bola cenová akcia odmietnutá späť na nové minimá, iba na zlatý kríž, kríž smrti a potom znova zlatý kríž. Pred legendárnym býčím behom 2016-2017 došlo aj k podobnému falšovaniu – znázornenému v zelenom rámčeku.

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) 12. januára 2022

Sledujte @TonySpilotroBTC na Twitteri alebo sa pripojte k TonyTradesBTC Telegramu a získajte exkluzívne denné informácie o trhu a vzdelávanie v oblasti technickej analýzy. Upozornenie: Obsah je vzdelávací a nemal by sa považovať za investičné poradenstvo.

Odporúčaný obrázok z iStockPhoto, grafy z TradingView.com

Originálny zdroj: NewsBTC