With the talk of a death cross coming for $BTC let's look back at what has happened on previous occasions (how long until golden cross & the largest % drop post death cross):
• April 2014; 94 days until golden cross; -25.09% 2 days after cross
• September 2014; 314 days until golden cross; -67.91% 132 days after cross
• September 2015; 43 days until golden cross; -3.5% 7 days after cross
• March 2018; 388 days until golden cross; -54.35% 259 days after cross
• October 2019; 115 days until golden cross; -30.56% 53 days after cross
• March 2020; 57 days until golden cross; -13.48% 2 days after cross
Ultimately the Golden and Death crosses are a nice talking point for financial outlets to talk about, but the major move likely would have taken place before the cross, and the cross itself has no bearing on whether we'll settle into a bear market.
• April 2014; 94 days until golden cross; -25.09% 2 days after cross
• September 2014; 314 days until golden cross; -67.91% 132 days after cross
• September 2015; 43 days until golden cross; -3.5% 7 days after cross
• March 2018; 388 days until golden cross; -54.35% 259 days after cross
• October 2019; 115 days until golden cross; -30.56% 53 days after cross
• March 2020; 57 days until golden cross; -13.48% 2 days after cross
Ultimately the Golden and Death crosses are a nice talking point for financial outlets to talk about, but the major move likely would have taken place before the cross, and the cross itself has no bearing on whether we'll settle into a bear market.