đš Bitcoin's "Death Cross" Drama: Bear Trap or Bull Run? đš
Hold onto your crypto wallets, folks! Bitcoin's price action is flirting with a "death cross"âwhere the 50-day SMA dips below the 200-day SMA. Sounds spooky, right? đ» But wait, crypto analyst Timothy Peterson says it's more "bear trap" than "bear market."
- Historically, BTC rallies 67% of the time post-death cross.
- Median return? A sweet +18%!
Trader Tardigrade even predicts a "super bull rally" ahead. đ
What do you think? Bear trap or bull run? Drop your thoughts in the comments! đŹ
#Bitcoin #CryptoNews #BullRun