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In this video, I discuss the upcoming death cross in Bitcoin, and its significance in the context of previous death crosses, the halving cycle, and the stock-to-flow model.
A "death cross" occurs when the 50-day moving average crosses below the 200-day moving average. It is a widely watched indicator, but its predictive value varies over time, and is also dependent on your time horizon and holding period.
My biggest concern is that we are spending too much time trading below the 200-day moving average for a strong bull market.
On the other hand, Bitcoin has been the subject of a concerted attack over the past 2 months: Elon/energy FUD, China FUD, India FUD, FBI hacking FUD, etc.
Is this a coordinated multi-state attack, or simply large powerful investors trying to move Bitcoin to lower prices so that they can accumulate? It's impossible to know for sure.
On the more bullish side, the most deadly death crosses have occurred when Bitcoin was trading well above its fair value as measured by stock to flow (at the 2013 double peak, and 2017 blow-off top).
All the macro fundamentals of Bitcoin are still strong, as we continue to see increased institutional and sovereign adoption, as well as unending central bank money printing.
Not investment advice! Consult a financial advisor.
Death cross FUD:
https://www.coindesk.com/bitcoin-death-cross-bear-market
Bitcoin Price Targets And The Stock-To-Flow Model:
https://www.youtube.com/watch?v=GDBCYyrdvJo
Stock to flow charts:
https://decentrader.com/charts/stock-to-flow-model/
https://www.lookintobitcoin.com/charts/stock-to-flow-model/
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#BitcoinCrash
#BitcoinDeathCross
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
https://www.trader.university/join
In this video, I discuss the upcoming death cross in Bitcoin, and its significance in the context of previous death crosses, the halving cycle, and the stock-to-flow model.
A "death cross" occurs when the 50-day moving average crosses below the 200-day moving average. It is a widely watched indicator, but its predictive value varies over time, and is also dependent on your time horizon and holding period.
My biggest concern is that we are spending too much time trading below the 200-day moving average for a strong bull market.
On the other hand, Bitcoin has been the subject of a concerted attack over the past 2 months: Elon/energy FUD, China FUD, India FUD, FBI hacking FUD, etc.
Is this a coordinated multi-state attack, or simply large powerful investors trying to move Bitcoin to lower prices so that they can accumulate? It's impossible to know for sure.
On the more bullish side, the most deadly death crosses have occurred when Bitcoin was trading well above its fair value as measured by stock to flow (at the 2013 double peak, and 2017 blow-off top).
All the macro fundamentals of Bitcoin are still strong, as we continue to see increased institutional and sovereign adoption, as well as unending central bank money printing.
Not investment advice! Consult a financial advisor.
Death cross FUD:
https://www.coindesk.com/bitcoin-death-cross-bear-market
Bitcoin Price Targets And The Stock-To-Flow Model:
https://www.youtube.com/watch?v=GDBCYyrdvJo
Stock to flow charts:
https://decentrader.com/charts/stock-to-flow-model/
https://www.lookintobitcoin.com/charts/stock-to-flow-model/
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#BitcoinCrash
#BitcoinDeathCross
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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