#Bitcoin Update 🚀
- BTC is about to hit a "death cross" but don't worry, history shows that it could be a bear trap before BTC enters a "super bull rally"!
- A "death cross" is when the 50-day SMA crosses below the 200-day SMA. Currently, the 50-day SMA is $62,141 and the 200-day SMA is $61,676.
- According to Timothy Peterson, BTC typically gains 67% in 2 months after a "death cross".
- Trader Tardigrade predicts BTC will enter a new "super bull rally", similar to the 2016-2018 cycle.
- Michael Nadeau remains optimistic, comparing the current situation to when BTC exploded in 2020.
What do you think about this prediction? Comment below! 💬#Crypto#Blockchain#Finance#BTC