Bitcoin Death Cross 2019 - Predictions

The death cross is a technical chart pattern that indicates a bearish trend for a stock. The death cross occurs when a stock’s 50-day moving average falls below its 200-day moving average. On a price chart, you can see the death cross when the 50-day and 200-day moving average lines connect. This indicator has been very successful for stocks, however cryptocurrencies trade with a much higher volatility than stocks, research and results show long daily moving averages lag too much for predicting crypto currency price movement.
In October 2019, the Bitcoin death cross got a lot of coverage on YouTube and US business channels. Many commentators and experts were explaining how this was the end for Bitcoin. Many memes were generated for this.
Bitcoin Death Cross memes.png
Bitcoin Death Cross memes.png