Aug '24 (edited) • 💰 Bitcoin
RISK FOR BTC 📉
Potential current #risk for BTC:📉
As of today, August 10th, BTC is officially in a death cross on a daily basis (50 MA below 200 MA) = a classic bear market signal! 🚨
In the image, you can see what happened to BTC's price during the last 5 death crosses.
Personally, I do NOT perceive this death cross as a risk or threat, but rather as a final opportunity to buy at lower prices IF we see another correction down to around 47-50K.
THE HOUSE OF THE CRYPTO BULLS. Not financial advice ‼️
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RISK FOR BTC 📉
skool.com/the-house-of-crypto-bulls-7978
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