Top Charts show the comparison between 2017 and 2019 right after Bitcoin hit 10,000 mark.
Bottom chart is showing what happened in 2017 after the Dead Cross happened.
Death Cross: System's Fair Price index cross over(Green x Blue)
As of yesterday, Green System Median Fair price was 9989 and Blue System Median Fair Price was 11757.
In 2017, it happened in a week after touched Green line.
But I don't think it would happen that quickly in 2019 as the slope of blue line is steady downward rather than stiff downward compare to 2017.
Fundamentally, Bitcoin should keep the bullish momentum until next May however if above death cross is occurs, protecting your investment is highly advised.
But for now, 8700 is the key turn around point.
If ever breaks down 9000, 8700 must hold up and you can see right away with very strong bounce(Immediate recovery over 9000).
Otherwise BTC will be in very tough spot to regain the momentum.
3 Comments
Good morning!
ReplyDelete정보 감사합니다. ^^
뉴욕 레이디님 굿모닝~~^^
ReplyDelete엘님 비트 리뷰 감사드려요.
8700 에서도 바운스를 못하고 8000 이 무너지면 엘님의 비트
포지션을 닫으신다는 이야기는 그렇게 되면 한동안 예전처럼 비트가
잠을 자는 시간이 오게 되는건가요?
오전에 바쁘시다고 하셨으니 답변은 나중에 나중에 주셔도 돼요.^^
8700 에서 바운스를 못하고 더 내려가면 모두 나와야한다는
큰 가이드라인을 주셔서 감사해요.^^
엘님 이왕 여쭤본거 한간지 더요.ㅎㅎ
Delete어제 엘님이 24시간안에 10000 불을 다시 수복하면
10000 아래로 내려가는 일은 잘 없을거라고 하신 의견도
아직 유효한건가요?
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