Henry Gant, Man About Town. This episode: "The Death Cross, and why it's a good thing."

Can you hear me now?!

Below is my chart of the last week predicting the course of the market.
Luckily, it has gone as foreseen.
And that is a good thing.
We should bounce off of $7,5000 resistance/support line (we could over sell to $7200. so don't worry)
And start a fresh and much-needed bull run.

A death cross when the price is low can indicate the end of a bear cycle, as the bears have run out of momentum.
It can signal the approaching uptrend.

You can read more in this post here. Where I write:

What I saw was this:
The price of BTC (the yellow line) is headed for a trend line (white triangle) on about 3/25/2018 at $7,500. This trend line is also associated with the strong support line. We should have an upward bounce. If the bounce to the upside sends the price above the orange 200 Day moving average, then a Death Cross would be averted.*

https://steemit.com/bitcoin/@henry-gant/henry-gant-man-about-town-this-episode-the-death-cross

Anyway, let's have fun out there!

H. G.

It has to be said that I'm not a professional financial advisor/trader.