Bitcoin Price Drop Mirrors Last Golden Cross Which Led to 170% Gains | Crypto Craft

  • Bitcoin Price Drop Mirrors Last Golden Cross Which Led to 170% Gains

    From cointelegraph.com

    Bitcoin (BTC) may not see a 170% increase after its fifth “golden cross” price event, historical data suggests as markets stay down 8%. Analysis of price movements since 2009 shows Bitcoin has had a total of ten “golden cross” and “death cross” moments in its lifespan. BTC price dip challenges December 2017 A “golden cross” is when BTC/USD sees its 50-day moving average rise to cross over its 200-day moving average. A “death cross” is the opposite. As Cointelegraph reported, hopes are currently high that the most recent golden cross will spark an identical reaction to the previous one — a 170% ... (full story)

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photoshop
Feb 22, 2020 9:12pm
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Quoting Not-KPMG
Nice. Don't forget gold is cr.p that's heavily manipulated. ���������� Bitcoin is extremely useful and has few whales����������
No whales?
Lol.

It's full of whales, how else it swings so much in a week/month?
Extremely useful? Yes, for crime.

Imagine being paid for your work in bitcoin.
One week your bitcoin pay is worth $2000.
Next week, your bitcoin pay is worth $1600.

Yes, extremely useful, for causing a headache.

People will love crypto but hate bitcoin.

Remember we heard about banks secretly manipulating markets long ago, causing unstable prices, times of depression.
They used this instability as an excuse to set themselves up as angels of market stability and control, fooling people and politicians into believing markets will keep being crazy without them gaining currency control?

Will do the same with bitcoin, and teenagers, 30s and 40 something's will believe them.

Why?
Because one week, their bitcoin pay check will pay the rent/mortgage and food, the next week it will only pay for rent/mortgage, but they will have to go hungry.
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TudorIoan
Feb 21, 2020 5:16am
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...and people buy gold, not golden crosses.
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Not-KPMG
Feb 21, 2020 5:31am
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Nice.

Don't forget gold is cr.p that's heavily manipulated. 😂😂😂👎👎

Bitcoin is extremely useful and has few whales😱👍👍💰🐢
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Not-KPMG
Feb 21, 2020 5:31am
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this is great explanation why the public (SHEEPLE) don't get bitcoin 😱😱
https://www.reddit.com/r/Bitcoin/comments/f4r9el/why_is_bitcoin_so_hard_for_most_people_to/
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TudorIoan
Feb 21, 2020 8:00am
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Imbecile crypto fanatics are blind to gold chart They put up fake info on reddit, domain of fools
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