Just a continuation of previous idea. (Link below)
Now that the death cross is confirmed (on MAs, namely 50 and 200 MAs), I believe the price action I'm guessing is on track. We'll see more downside soon (down to 20K-ish). That, of course, given there is no external influence (Elon's tweet for example).
When shows up, Death cross historically mirrors the...
I can't help but notice the similarities between price action starting April 26 and June 9, 2021.
This chart is the continuation of that idea, namely if indeed both similarities lead to the same scenario.
NFA. DYOR
Just to give a visual guidance on the relation between BTC Halving and price action including any Golden/Death Crosses found therein.
Disclaimer: precision maybe a little bit off as I made this on my smartphone.)
