Bitcoin (BTC) Death Crosses Analysis Suggests Bottom Is Yet to Come: Rekt Capital - Aliens: AI Crypto News & Markets Updates

Bitcoin (BTC) Death Crosses Analysis Suggests Bottom Is Yet to Come: Rekt Capital

Sat, May 21, 2022

Aliens TLDR

Trading veteran Rekt Capital indicated two ways the "Death Crosses" pattern might affect Bitcoin's (BTC) price peformance and shared a warning for bulls who are a little too excited.

Historically, in 2013, 2017 and 2019, the Bitcoin (BTC) Death Cross marked the middle of the recession: the price dropped equally before the Death Cross flashed and after it.

According to Rekt Capital, based on "pre-Death Cross" performance, Bitcoin (BTC) is following the 2013-2019-ish pattern now.

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