Bitcoin has put in a clear 50 week moving average cross below a 200 week moving average. Many Bitcoin analysts will describe this as a bear market move for Bitcoin price. But there may be a more useful way to look at this btc chart.

    Intro 00:00
    The whole story 00:30
    Understanding the big move 1:40
    The really important Bitcoin chart 4:15
    Allowing for dips 5:50

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    39 Comments

    1. Hey Dan love your content and outlook on the whole crypto market!

      Quick question for you, do you think that the crossing of the MA’s for bitcoin might also indicate that bitcoins dominance with respect to momentum is slowing down? If you look at any of the other large cap projects it’s not uncommon to see this same “death cross” and with that in mind it’s possible BTC is experiencing it for the first time due to Alt coin dominance coming up over the whole market place

    2. I think you are correct, I watched another video today, no offense, that showed after these death crosses in a very short period of time it was off to the races, onwards and upwards.

    3. I have been saying this for a long time we should stop worrying about what is coming instead prepare for when it comes .The market always recovers, take for example the 08 crash the market still bounced back, it might take long but it will definitely.

    4. Companies and big buisness are cutting and will not be spending money it's not going to be good until you have good economic policies coming from the president not this dummy bring back trump. Year and a half of pain coming

    5. First n foremost before u try to get some saving grace, kindly admit u were wrong in calling it a death cross. It isn’t. 🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️

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