Why Bitcoins Golden Cross Is So Important

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In this video, I discuss the recent Bitcoin golden cross (bullish moving average crossover) in the context of previous Bitcoin golden crosses and death crosses.

I am convinced that we are still in a Bitcoin bull market, since we are within the 12-18 month window following the beginning of the 4-year halving cycle. As such, golden crosses will be more powerful than death crosses at this point in the cycle.

Increased adoption and institutional buying should power Bitcoin much higher in the fourth quarter.

I am maintaining my December 2021 price target for Bitcoin of $200,000.

Not investment advice! Consult a financial advisor.

Peter Schiff gets it wrong again:
twitter.com/PeterSchiff/status/1407325611165618184

CoinDesk gets it wrong, too:
coindesk.com/markets/2021/06/09/looming-death-cross-could-signal-bitcoin-bear-market/

My video about the Bitcoin death cross:
youtube.com/watch?v=I1_QkXz1R0w&ab_channel=TraderUniversity

Plan B's models:
medium.com/@100trillionUSD

Bitcoin Price Targets And The Stock-To-Flow Model:
youtube.com/watch?v=GDBCYyrdvJo&ab_channel=TraderUniversity

Stock to flow model charts:
s2f.hamal.nl/s2fcharts.html

lookintobitcoin.com/charts/stock-to-flow-model/

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amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#GoldenCross
#DeathCross

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Author

Ariyani

Como educador, estou profundamente engajado no desenvolvimento dos estudantes em ambiente escolar, adotando métodos pedagógicos que valorizam conexões genuínas e são movidos por inovação e fervor. É minha vocação guiar os alunos na jornada de se tornarem uma geração notável, empregando estratégias de ensino amplamente aclamadas por prestigiadas instituições acadêmicas ao redor do globo - report.dashgoo.com