Post
Topic
Board Speculation
Re: Bitcoin Golden Cross approaching
by
jaberwock
on 20/09/2021, 21:56:07 UTC
The lower price right now someone convinces people that golden cross is not approaching. However remember that the last time we saw 40k+ price was when the price dropped from 32k to 28k, it had the lowest amount we have seen in the past 5 months and then suddenly it skyrocketed back over 45k. So, just because something is falling doesn't mean that it will keep falling.

Sometimes in life some things (not always money or prices) do not always fall, it falls and falls and falls but one day it stops and at that point it is the golden cross, it is the moment when things start to look good, and it starts to skyrocket and everything goes perfectly for a long time. I believe that the same thing could be happening here, it "looks" bad but I feel like it is actually not that bad.
Yeah, unfortunately things didn't go as well as planned for the time being. Obviously this doesn't mean that it will not go that well in the future neither. It may go very well in the future, it just didn't happen for now that's it. I believe we could definitely see a higher price in the long run, it will not be today but it will happen one day.

Gold cross did not happen for this time, it did not happen BUT it is there and that should give us some hope. What I believe right now is the fact that there is a good chance we could end up with 50k+ in a month or so, October seems like as good as any other month. This drop can't sustain for a long time, bear whales try their hardest but retail stops them very well.