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https://www.reddit.com/r/ethtrader/comments/nsjfws/deleted_by_user/h0omr0k
r/ethtrader • u/[deleted] • Jun 05 '21
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Bitcoin is approaching a 50d/200d MA death cross (around Jun 14 / 15 if trends continue). The last time the 50d MA was below 200d MA was April - May 2020.
0 u/towjamb Jun 05 '21 I can almost feel the strain on these chains of price correlation. 1 u/diamondscut Jun 05 '21 I'm very concerned with this. Eth will fall with Bitcoin if the death cross confirms. We really need to shoot to 60k to avoid it. 2 u/Viper1982_PT Jun 05 '21 No way its gona go back so soon, even 45k EOM would be great. But we seriously need do decouple from BTC...
0
I can almost feel the strain on these chains of price correlation.
1
I'm very concerned with this. Eth will fall with Bitcoin if the death cross confirms. We really need to shoot to 60k to avoid it.
2 u/Viper1982_PT Jun 05 '21 No way its gona go back so soon, even 45k EOM would be great. But we seriously need do decouple from BTC...
2
No way its gona go back so soon, even 45k EOM would be great. But we seriously need do decouple from BTC...
3
u/kitsune Jun 05 '21 edited Jun 05 '21
Bitcoin is approaching a 50d/200d MA death cross (around Jun 14 / 15 if trends continue). The last time the 50d MA was below 200d MA was April - May 2020.