There is a bearish signal that many chartists call the “death cross” signal – this is when the 50 SMA moves below the 200 SMA. But how useful is this bearish signal and what is the correct way to apply it? We explain in the video. #Bitcoin #BTCUSD #AlessioRastani
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This was a great video, Thank you Alessio. To many people using this signal, in a non-meaningful way. Thanks for the clarity
He need a name "fakecross" xD
So basically you did the first video showing how the death cross is predicting a bitcoin crash… Then you watched another guys YouTube video showing exactly what u missed in the first video, then made a video about it yourself… Should have got your facts straight in the first video.
Alessio, Im not sure about this theory. If you look back to at March last year we had the same cross-over. Bitcoin got massivley rejected.
lol you talking shit , you saying the dead cross from btc 2018 means nothing because the cross move up and price goes up again just after, but didn't you forget after that we got 1 year bear market??? so that s means nothing lol? crazy , and the one what could happen now looks exactly like the 2018
lol can't belive 6300 likes and this is big shit,
nice
Great video, Shared
At https://youtu.be/HDriCaviMGQ?t=85 you were saying 50DMA moved below 200DMA, but actually 50DMA moved above 200DMA. I see this is also death cross, but in downtrend(where 200DMA is above 50DMA already), the only cross that can happen is 50 DMA go above 200DMA.
Nice video, some good examples shown on how to utilize and plan accordingly.
Awesome video!!
BTC2 is now $1.72 get yours before it's hundreds or even thousands each get at least 50 of them so you won't regret it later.
i heard that 2020 is gonna be a good year and i am really optimistic, so i am waiting for old coins to rippen and also invested in new coins like Telecoin..
nice
this is a piramide
So…. What do you guys when the light goes out and you can't charge your phone? I've seen cities lose power for days.
So the deathcross in early 2018 wasn't meaningful because longterm was still going up…
Don't want to spam but could you please kindly answer this when you have time? "Alessio, thanks for the educative video. Have a quick question. What if we use EMA instead of SMA? EMA seems like concerning on daily and sloping downward. Thanks in advance for responding this."
Brilliant!!!
Great explanatory video
soon btc will dump at $6500
Love that, thank you! If you have time, it would be so cool if you could keep going with TA explanation videos like this and TA that people potentially misinterprete
Bitcoin is losing dominance…we may be seeing a big trend reveral right now.
alts are gaining again.
I love Bitcoin but it's a fact that the ATHs occur after the halving event.
Thanks for the education.
thanks a lot dude !!!!!
its not the death cross , its the depth of the hole in the ground once it falls
I;m telling you, Guys : The Moving Averages are Perfect for the History Charts … :p
Except for the death cross that occurred in 2018, in which the 200ma was still advancing and the 50ma was falling, that resulted in a 55% fall. You are correct that it is not always valid, but the same applies for the other side of the coin. The truth is that the Bitcoin price will either hold support at around $8,000 and move higher or it will fall lower (i would pitch around $7,000). The fundamentals suggest that Bitcoin will move higher, but we do not know.
How about the death cross of march 2018?? The 50 MA was declining and the 200 MA was in an uptrend and still resulted in a massive sell off
Alessio you're an excellent teacher!
Masterclass! THANKS
Great info. Thanks very much for your great videos and information
I was going to buy 1 bitcoin for 6646 pounds today shall i?
This is fantastic info. Thank you so much.
Bitcoin is a scam. All of it is a scam. Simple equation, if millions of people became billionaires from thin air and no commodity/service… you create a bubble and inflation. Think about it people.
Thank you Alessio. Is the situation the same for the golden cross? I mean is the cross meaningful only when both moving averages are rising?
I told you begining new buble , I called that "collapse monetary". I setup timer for 16 October , than recesion will start.
WRONG! Look at death cross on 30th of March of 2018! This is when this bear market we're in started.
Stop listening to these guys that clearly don't have a clue and learn TA
Hmm, isn't this the opposite of what you said four days ago?
An amazing project in which there are great prospects. I think Tokoin will soon realize its strategic plans. Tokoin is a project for a great future. How do you think about listing Tokoin on dex?
I heard many good news recently. I hope that it is a good signal for the recover of market. If the altcoin season is coming soon, I suggest that you should consider to invest in #tokoin. It uses the blockchain technology to help MSME's, check more at: http://tokoin.io
I did subscribed when i first saw your video on youtube
thanks a lot, you are awesome Alessio
Great video Alessio. I was SO confident we would see $6K again, but these recent movements has made me uncertain on my predictions, honestly. I'm sure BTC will move violently again, once we least expect it, for sure! 🙂
If you ever decide to talk about Lighting Transactions, please dig into Stakenet, and look at what they are trying to do. Developing the first Lightning DEX out there, as well as a Lightning Multi Currency Wallet. Both of these dApps will be run by the masternode network, which gives these masternodes an actual incentive to run!
Very helpful! Thank you!
Alessio is like my financial uncle ??
Thank you
laughing my head off
Alessio, I enjoy your videos! With the short attention span of this internet culture, I think you're doing the right thing with quick, to-the-point videos.
OK let's say Bitcoin hits 1000000 and now it is replaced a dollar. How people will buy everyday things like bread or tomatoes?
You have to buy 3 tones of tomatoes or buy less and pay fees ten times more than your tomatoes does cost…
People will not be able to make micro payments with BTC unless CENTRALIZED Lightning Network…
XRP much much faster and much much cheaper to deal with, also it is decentralized and deflationary asset…
Or i miss something? Plz tell me.