Saw this email about Bitcoin's "death cross"... kinda worrying. Peter Brandt thinks we might be switching from bullish to bearish territory. Not sure how reliable that is, but it could mean a downtrend.
If I ignore the bullish hype, why should I care about the bearish side? Brandt’s $200k prediction was just noise to me. Same with ARK’s wild $3.8 million forecast. They call it "on-chain data," but that’s just their guesswork.
Honestly, this could be a chance to buy for some smart investors. Most will panic though. Long-term folks don’t sweat the short-term crosses. Sometimes they signal a bear market, sometimes not. Yearly candles show no death cross.
Anyone mentioning "death cross"? Time to unfollow their channel. It’s just fluff from people who love throwing around charts without real insight. They’re just trying to stir up fear, nothing more.
These so-called experts just want to scare us into selling low. Brandt, with his fancy titles, is just another player in the game, trying to get us to panic sell.
Totally agree. They thrive on fear! Newbies get shaken easily, while the experienced ones know this is just noise. If you believe in Bitcoin for the long haul, ignore the FUD.
Brandt spotting a "death cross"? Yeah, right. His past predictions have been off. The Bitcoin price dips, sure, but it also goes back up. Today looks like it’s moving back up over $60k.
Not taking this post seriously. This OP loves to quote random emails. Why would I base my investment decisions on that? Seems like a contrarian indicator, and I expect prices to rise.
Panic time is usually the best time to buy. But many still get shaken out of their positions. I don’t believe any predictions anymore; they’re just guesswork.
I kinda like Brandt, he said Bitcoin would hit $100k during the bear market. But who knows if that’s just Changelly trying to grab attention? I’ve seen the opposite happen before.
Look at who was buying during the recent dip. Institutions scooped up coins then, so why would they buy now at $60k? They don’t just leave orders on exchanges.