TLDR
Bitcoin has seven death crosses in its history. The last time bitcoin had a death cross, its price went up 700% in the 12 months that followed. The S&P 500 saw five death crosses during its bull run from 2009 to 2020. Some experts say death crosses trigger bear markets, but there are only three bear markets. Bitcoin’s price has an inverse called the golden cross. Five out of seven times, you’d end up buying higher. If you can force yourself to buy, when history says you won’t have to chase the price.via the TL;DR App
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Written by MarkHelfman | Editor, Crypto is Easy newsletter. #1 writer, Medium. Bitcoin author, analyst, commentator.