Bitcoin Death Cross and the 200 Week Moving Average
Hi everyone,
Thank you for considering reading my idea.
Next week may be the death cross of the 20 week and 50 week moving averages. Historically in 2014, it took 22 weeks for Bitcoin to touch the 200 week moving average while in 2018 it took 23 weeks.
This 2022, we can "predict" it may take 22-24 weeks (Aug 15-29, 2022)
22 weeks is the least amount of time while 24 weeks following the pattern 22 > 23 > 24.
Obviously, this is just a pattern and a fun prediction that can be invalidated but is interesting to watch. Let's see how it will play out.
Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA . TAYOR. DYOR.
Cheers,
Juvs
Thank you for considering reading my idea.
Next week may be the death cross of the 20 week and 50 week moving averages. Historically in 2014, it took 22 weeks for Bitcoin to touch the 200 week moving average while in 2018 it took 23 weeks.
This 2022, we can "predict" it may take 22-24 weeks (Aug 15-29, 2022)
22 weeks is the least amount of time while 24 weeks following the pattern 22 > 23 > 24.
Obviously, this is just a pattern and a fun prediction that can be invalidated but is interesting to watch. Let's see how it will play out.
Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA . TAYOR. DYOR.
Cheers,
Juvs
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.