Post
Topic
Board Trading Discussion
Re: Bitcoin's "Death Cross"
by
Beerwizzard
on 02/04/2018, 11:49:40 UTC
The marker is obviously  not that confident and it might not be the best time to buy more but I'm not that sure about death cross. All those lond term indicators are not trustworthy, you need to take into concideration that during this whole period price heavily reacted on all pumps and dumps all the time while for a quality analysis you gona need a market that was at least somehow stable during this period.


This year there have been several hacker attacks resulting in losses of hundreds of millions of $ (NEM).

By the way the was almost no reaction on recent hacks. I mean the instant reaction, naybe right now someone is dumping those coins. For example after btc-e was suspended we had a significant dips.