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kirababa

Will bitcoin avoid death cross between M150 & M600?

Bitcoin (BITSTAMP:BTCUSD)  
kirababa  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators bitcoinforecast Bitcoin (Cryptocurrency)
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Hi Everyone,

Will bitcoin avoid the death cross between M150 & M600 by making higher high(>10,500) Or It'll repeat the same which happened in Nov 2018.

  • If Bitcoin makes Higher high then we'll see a lot of smart money coming into the BTC
  • Else it'll be considered as fail rally and will see big downside movement

Currently, It looks like the second scenario is more probable which I'll explain why? in my next analysis.

Please leave your thoughts/feedback in the comment section.

Thank you
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