#BTC行情分析 Bitcoin's 10-week and 50-week moving averages cross again. If history repeats itself, a deep correction may occur.
Crypto analyst Ai posted on X platform that the 10-week and 50-week moving averages of Bitcoin have crossed. Historical experience shows that this phenomenon has always been followed by a significant correction, including: September 2014: down 67%, June 2018: down 54%, March 2020: down 53%, January 2022: down 64%. If history repeats, similar 50%–60% corrections could bring Bitcoin's price down to between $38,000 and $50,000.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2 Likes
Reward
2
1
Repost
Share
Comment
0/400
EagleEye
· 01-03 13:03
This is a good post with clear and impressive content
#BTC行情分析 Bitcoin's 10-week and 50-week moving averages cross again. If history repeats itself, a deep correction may occur.
Crypto analyst Ai posted on X platform that the 10-week and 50-week moving averages of Bitcoin have crossed. Historical experience shows that this phenomenon has always been followed by a significant correction, including:
September 2014: down 67%, June 2018: down 54%, March 2020: down 53%, January 2022: down 64%. If history repeats, similar 50%–60% corrections could bring Bitcoin's price down to between $38,000 and $50,000.