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Andy Blignaut

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Andy Blignaut last won the day on February 8 2019

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About Andy Blignaut

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  1. All over the globe, the cryptocurrency market is really booming and this is because of the tremendous opportunities for financial independence in the niche. When it comes to any digital currency that has changed lives for real, Bitcoin is right at the top of the list and this is exactly where Coina1bot comes into the picture. When it comes to making steady profits with Bitcoin, this is the platform to use. With a minimum deposit of 0.0005 BTC and minimum withdrawal pegged at 0.001 BTC, it is really easy for all investors. With Coina1bot, there is no delay when it comes to reaping profits of the investment and this is because there is an instant payout. There are several testimonials and payment proofs on its Telegram platform - https://t.me/coinapayments and these are quite convincing. For those who want to make the best of Bitcoin investments, Coina1bot is a highly-recommended place to do so. COIN A is a Mining & Trading organization. The company’s business operations are divided into two sections; Mining and Trading businesses and all investment are put into these. COIN A Working system is based on the super fast ROBOT system, which analyzes quickly application parameters of the requesting client systematically. COIN A investment is a micro finance company operates without human participation, and it is ready to start cooperation with each client in just a few seconds. That's the reason why COIN A is considered as one of the highly trusted and reliable companies for major ROI. Everything is in place with the Coina1Bot for the money doubling technique. With diversity of options for investment, there are different levels of investments and you are free to select the one you consider to be the best for you. Investments with this bot money doubler can yield as much as 200% in just after 100 hours. Another way by which investors can make even more profits with Coina1Bot is via its referral system. With the referral system, there are different levels of commissions that goes upto 6% and helps the investors to earn without any stress. All they need to do is to share the referral links with their friends and loved ones. The main advantages of this money doubling bot are that it provides results and profits really fast with complete transparency and allows for ease of entry when it comes to investment. The minimum amount needed as the deposit is not huge so as many people as are interested can join the system. For anyone who is interested in enjoying massive profits in the cryptocurrency sector without fail or disappointment, Coina1Bot is the real deal. Join it through https://t.me/coina1bot Get all further info from: https://coina1bot.com/
  2. The advent of cryptocurrencies and the blockchain technology have disrupted the global payment sector. Right at the comfort of your homes or offices, you can place an order to buy goods or services using a cryptocurrency like Bitcoin. Since the creation of Bitcoin by Satoshi Nakamoto in 2008, a lot of online stores have been established across the world. Even though Bitcoin is still seen as something worth holding rather than spending on various products, there are numerous online retailers who went to great lengths to integrate payment options for the said cryptocurrency. Nowadays, you can buy practically anything with Bitcoin, from VPN services to home goods, to pizza, plane tickets, and luxury watches. Talking about luxury watches, one of the best online stores to buy luxury wristwatch for men and women using Bitcoin is BTCwatch. What Is BTCwatch? BTCwatch is a German-based online luxury watch and jewelry retailer. They have quality wrist watch and jewelry in the collection. Whether you need a branded wrist watch like Breitling, Cartier, Hublot or Rolex, BTCwatch has got you covered. The prices of the luxury watches are quite affordable and pocket-friendly. BTCwatch also buys used or unworn Rolex watches. If you have a Rolex watch that is still in good condition, you can sell it on BTCwatch for a good price. BTCwatch Shipping Policy If you are located within the Europe zone, you won't be charged shipping cost. Your luxury watches will arrive at your destination free of charge. BTCwatch insures all luxury watches that are shipped via DHL Express or your preferred carrier. Any order placed within Germany would be shipped overnight and will arrive at your destination the next working day. On the average, it takes a working day for your order to be dispatched. BTCwatch Promotion Or New Deals At BTCwatch, there are promotions or hot deals displayed on the site from time to time. You can check here to get a list of the three promotions currently available. Return Back Policy & BTCwatch Warranty If you are not satisfied with your order, you can activate the return back policy and get a refund of your money within 14 days from the day you received the items. Once the team at BTCwatch receives the watch, they would make a refund in BTC minus the insurance and shipping fees. To activate the return back policy, you are required to send an email using the contact us form on the website. Please note that the company reserves the right to reject a return back request. The company has a warranty policy in place to protect the interest of their customers. The warranty policy covers used luxury watches up to 24 months. Do you have used or unworn luxury wristwatches to sell? Visit http://btcwatch.net/en/, fill the contact form below, describe the wristwatch you wish to sell and a member of their team will get across to you.
  3. Have you ever thought of dipping your feet into the world of investment? Do you plan to start investing any moment soon? Let's face it, so many people talking about investment do not know a thing about investment. They do not understand what it means to invest free funds and they do not have direct access to reliable investment platforms that guarantees a steady profit. That's not all, they find it difficult to pass the minimum investment threshold for many investment products. With that in mind, how will you as a beginner get a strong footprint in the investment space? That is exactly where Zuchain investment platforms come in. If you take a look at the investment platforms market, you will be greeted with tons and tons of platforms. While some of them are real, others are not what they claim to be. But one investment platform that has all the trappings to make you an expert investor is the Zuchain platform. What Is ZuChain? Zucoinchain is an Ethereum based cryptocurrency that is gearing up to create ripples in the cryptocurrency world and is led by Mr. Salman, (CEO). Zuchain uses blockchain technology and artificial intelligence to transform the global investment landscape such as stocks, IPO, investment funds, FX Trade, ambitious startups, as well as for cryptocurrencies. Benefits Of Investing Through Zuchain For Sellers, the following are the benefits of investing through Zuchain: ● As a seller, you get the opportunity to earn Zuchain tokens. Zuchain has about 90000$ in their project's model. ● Also, as a seller, you will get early access to Zuchain's token sale. For Buyers, the following are the benefits of working with Zuchain: ● Opportunity to start investing with as low as $100. ● You would have the opportunity to use forex trading and crypto trading bots. ● 24/7 customer support: No matter the time of the day, you will get help on the Zuchain platform. ZuChain’s Journey Zucoinchain is already gaining a lot of attention globally especially in far East Asia, primarily because of a recent MOU signed between Zucoinchain coin CEO Mr. Salman and Bach Tuoc So. A top Gaming company from Vietnam to develop and integrate a platform where ZCC can be used as a payment gateway to play online, application-based games. Details are available in the link attached here http://gmnvn.com/en/blockchain/zucoinchain-and-bts-signs-multi-fold-agreement-for-online-gaming-development-2182.html Also, Zucoinchain's head of concept Mr. Reheem recently announced that CEO Mr.Salman and the Management Team has approved the development of Ethereum main net wallet called Zuchain wallet, the development team released some brief functionalities of the Wallet stated below: • Buy and keep Zuchaincoin Tokens with this new wallet • Add multiple-currency Ethereum Tokens • Send and Receive digital currencies • Read QR codes & share your address with Peers • The wallet handles the Ethereum addresses of your contacts in a simple send standardized manner • Token Recognition-it detects the tokens supported by Ethereum Blockchain • Ethereum transaction history will clearly be shown of the list of your ERC2O Tokens • It will allow you to back up of all your assets These are just some of the features apart from a more comprehensive list. According to the CEO of Zucoinchain Mr. Salman, this wallet will bring some unique features which will be disclosed during the course of time and will take ZCC to heights of success. During our discussion with CEO Mr. Salman, he mentioned that the vision of the company is to bring as many utilities as possible for ZCC and wants it to be the best utility token in the market. The management believes in continuous development and striving to make ZCC a brand Get further information through https://zuchain.io/
  4. Andy Blignaut

    There are several FX platforms out there but TP Global FX stands out for several reasons. It was established by a team of brilliant experts in the financial niche. Their goal is to not just establish but also consolidate what is fast becoming a highly-reliable financial platform. Features of TP Global FX There are several characteristics that make TP Global FX stand out from all the other enterprises in the same niche. These features contribute in no small way in ensuring that the customer gets nothing but the very best. In this section, these features are going to be outlined properly. - Online Calculators: An online pip calculator allows for quick calculation of account currencies and trade size. Pip value can easily be worked out alongside other parameters like a mini lot, micro lot, prices and the standard lot. There is also a margin calculator that allows for a swift calculation of the margin rates. It is complete with other necessary parameters like the account currency, currency pair, conversion price, margin ratio and trade size. With the click of a button, the margin used can be determined. There are also the Fibonacci calculator, pivot calculator and the profit calculator. These are features that make trading not just fun but also very easy. - Forex Market Hours Platform: On this platform, a graphical representation of forex market hours all over the globe is available. With a single glance, traders can know precisely the operating hours in any major forex market in any part of the globe. - Economic Calendar: There is a very detailed economic calendar on the web platform of TP Global FX and it is so detailed that with just one glance, you can get a good idea of what is happening in the entire sector. The best part of the economic calendar is that it is all updated real-time and you get the latest and the most reliable information on economic events. This greatly assists in investments and in making decisions at every level. Benefits - Deft Use of Technology: The use of sophisticated technology and the latest advancements sets TP Global FX apart. The team at this brand has been able to let stakeholders get the very best of forex brokerage through their very deft and experienced use of technology. The results of the effective use of technology are seen in the creation of greater profit margins and countless investment opportunities for the clients. If there is anything this venture is good at, it is creating wealth and building solid networks across the sector. - Innovative Strategies: This enterprise does not just rely on the use of technology to achieve its goals but it also utilizes the most innovative strategies to bring overall advancement and several benefits for the customers. - Strong Networks: TP Global FX is not just solid on its own alone; it has also been able to form very strong bonds with some of the most reputable institutions and ventures in the financial sector. Some of these worthy partners include banks with flawless records and non-bank liquidity. It has also been able to build a very efficient pricing system that the traders rely on. With the pricing system, the risk is reduced and stakeholders especially traders get to enjoy the most competitive rates and also take advantage of really lucrative opportunities. - Customer-Oriented Outlook: One of the most impressive things about this venture is that all they do are geared towards getting the very best for the customers and clients. A well-regulated and duly licensed firm by the authorities in Saint Vincent and the Grenadines (SVG), TP Global FX does all its trading services for the benefit of clients. Professionalism and responsibility are two features that are very visible in all transactions with the enterprise. This is in addition to some of the very best trading conditions in the entire sector. - Diverse Options: A client or any other stakeholder having transactions with TP Global FX typically has a whole array of market symbols and market investment deals to select from. This flexibility in investment opportunities is one of the most attractive features of how the venture and really makes sense. Final Verdict On the whole, I will definitely recommend TP Global FX for any trader or investor. Experience has shown that they are not only reliable, they are also very genuinely concerned about assisting their stakeholders to achieve their goals. That for me is the real sign of a responsible venture, they will put the investor or customer first in all they do.
  5. If we are talking about Real Estate industry, it is important that we talk about forecast and predictions. I believe it is one of the top ways to check is through proper place and I look at Philadelphia housing market predictions through walletinvestor site. It’s one of the best place to keep eyes on all the facts and figures, which only enables one to get the benefits we are after. If we are successful at figuring it out, there is so much to gain through.
  6. I am currently using Netflix but having buffering issues and that’s why I am trying to find a good VPN that would help me over this issue but there are just too many names to pick out. I see ExpressVPN being recommended by https://www.firesticktricks.com/putlocker-alternatives.html, but wish to have more details before deciding… Will anyone help?
  7. Amongst all top businesses, it is Real Estate that is always amongst the best. But often it is underestimated due to lack of knowledge about it and the scope that this business carries. And to help people understand that, I will say look at Los Angeles real estate forecast next 5 years, as it’s something that can really help with pushing us to the right direction. If we understand the potential, it will automatically help us understand everything about how to go.
  8. Are you looking to buy high quality Lactose Powder? You can get it from http://www.blackburndistributions.com/lactose-powder-food-grade-powder.html - At highly affordable price with Shipping within 1 working day subject to stock! Blackburndistributions is a proven marketplace for such products, so order now before stocks get empty! Lactose Powder is often used by Food manufacturers in prepared foods as a coating to prevent caking while it’s also used as a filter in bread and other baked goods, such as pancakes and cookies and for several other purposes. Further details at http://www.blackburndistributions.com/lactose-powder-food-grade-powder.html
  9. Andy Blignaut

    Forex is no easy thing to do because one can fail badly here. So we require to really understand these things and make sure we correct it up. I find it incredibly good with https://www.liberatedstocktrader.com/why-traders-fail-in-online-forex-trading/, as it’s kind of tips that helps leading to the right route. And with that it always allow any person to make reasonable returns to be successful. So this is what should be our main objective.
  10. Andy Blignaut

    When you talk about business, it’s just not meant to be easy at all. So if you are doing business and that of Forex calibre, it’s meant to be risky. So this is where common sense and right strategy is so important to help us achieving worthy results. I would suggest people to check https://www.qatarday.com/blog/information/4-reasons-why-youre-not-making-money-with-your-forex-trades/69233, as it points out some very important points that could help towards becoming better as trader.
  11. Cryptocurrency trading is a rapidly growing business that enables investors, entrepreneurs and enterprises to exchange cryptocurrencies for assets like fiat money and other digital currencies. Blockchain developers merge artificial intelligence (AI) with cryptocurrency trading platforms to enable efficient and secure transactions. Artificial intelligence has had a huge impact on the future of bitcoin. This is largely due to advances in big data, which have made AI more versatile than ever. AI-powered cryptocurrency trading platforms enable investors to identify unique profitable patterns and trade accordingly. Brokers and traders can reinvest their savings in viable cryptocurrency projects using such platforms. If you take a look at the crypto space, there are several AI-powered crypto trading platforms. But one platform that's like a game-charger is the B-cube.ai platform. Let's take a look at what B-cube is about and what they have in stock. About B-cube.ai: B-cube is a French-based startup using cutting edge software, designed to provide a simple and secure online trading environment for customers of all levels of experience. The powerful decentralized trading platform incorporates a sophisticated system of trading indicators and Artificial Intelligence (AI) decision-making tools which allows users to intuitively build cryptocurrency trades and build wealth. B-cube.ai is responsive, secure and accessible to all customers, no matter the background or level of trading experience. They use an artificial intelligence algorithm to predict price trends on popular crypto markets. Based on this algorithm, they analyze alternative data and use machine learning to generate trading signals. The signals are only visible after you’ve registered on their platform – the registration is free until December 31st, 2019. Why Trade On B-cube.ai? B-cube.ai is not only a platform to assist traders with technical analysis, it also provides sentiment analysis and opens a wide range of possibilities that permits Artificial Intelligence to develop financial models. The platform is a simple-to-use system for trading in cryptocurrencies. Customer defines their goals and trading parameters and the system does the rest. B-cube.ai ties into their client’s cryptocurrency exchange account and uses AI Bots to make trades on the client’s behalf. Unlike other systems, B-cube.ai customers don’t need in-depth experience in the cryptocurrency market to begin using their platform. The simple to use program allows their customers to start using the tool immediately – no complicated learning curve. In early November 2019, B-cube.ai released their MVP only for the trading signal part. Plus, their strategies which are developed in-house are doing great on Exchanges such as Binance and Bitmex. New users on the B-cube.ai platform would enjoy free registration until the end of December 2019. Benefits Of Using B-cube.ai Platform ● Bot: Profit Proven and Time Tested AI trade bot. The bot protects users’ money by automatically capping their losses. ● Forecast and Predictions: B-cube.ai accurately forecast the value of an asset. They provide precise inputs which investors need to manage their cryptocurrency investments better. ● Transactions: AI precisely forecasts the risks and uncertainties associated with crypto trading, to minimize loses. It provides a comprehensive market analysis to channelize trader's direct investments towards greater profitability. B-cube.ai enables traders to effectively conduct transactions in the crypto market. ● Trading Signals: Compared to other platforms, B-cube.ai has amazing trading signals which users can leverage to see results and smile to the bank. As soon the bots are activated in the second quarter of 2020, this benefit will stop. Competition Awards The following are the competition awards earned by B-cube.ai across Europe: ● First price at Centrale Numerique 2019 competition from alumni network ● First prize startup stage at Startup Live Budapest 2019 ● First price at Open Blockchain Startup Pitch Night Budapest 2019 Wondering how to get started on the B-cube.ai platform? Visit their MVP link via https://www.b-cube.ai/
  12. Most people often suffer massive losses at online trading than the success they ever desired. It is important to know that online trading remains a unique ballgame from investing. When talking about online trading, you will not find any fixed regulations. Online trading success comes from a set of special practices that traders have used over the years. Trading today is beyond someone using a phone to buy and market stock. Poor trading sizing, having the wrong mindset, holding on to losses, over-trading, black-and-white perception, looking for instant gratification, risk-reward ratio too low, going in without a plan, not working with a mentor, and looking for shortcuts have made many people fail at online trading. Internet trading remains a habit of selling and purchasing financial products or items via an online trading service. Currencies, futures, options, bonds, and stocks can all be traded on the internet. These trading platforms are often created by internet-oriented brokers and can be available to people willing to make some money from the market. People can place orders to sell and buy, educate themselves on their investments, and also make a considerable amount of cash without leaving the comfort of home or contacting a broker. Online trading is cheaper, convenient, and can almost eliminate the middleman. People have the opportunity to monitor their investments when engaged in online trading. With online trading, you can have a better understanding of your money. One amazing thing about internet trading is that it comes with faster transactions and investors can have greater control of their funds. The quest to learn, trade and make better profits has become a difficult task for many people and traders. This is where a unique platform called The K² Proprietary Trading System comes into to be tried. K2 Proprietary Trading System: First of all, the K² Proprietary Trading remains a unique concept that people can embrace today. With the concept of the K² Proprietary system, it is possible for people to regularly improve their trading accounts. Most importantly, anybody from all backgrounds can use the system to understand how trading works and make a profitable amount of money. The K² Trading Community gives you the opportunity of surrounding yourself with only like-minded people across the globe to trade and make a consistent profit. One thing people will notice about the K² Proprietary Trading System is simplicity. It implies that the system takes away the difficulties in reading complicated charts and indicators. The developed patented indicators of this platform are what the K² system uses. Following the simple step-by-step procedure of the system will help anyone to consistently remain profitable. Using the K² system helps anyone to handle the intricacies of the volatile currency market. The platform has a 24/7 support team that can help traders enjoy online trading. According to the creators of this system, it remains the key to financial liberty because the K² concept is changing the industry. People looking to gain a unique edge in online trading may give the K² system a try and become consistently profitable. IF You don't believe in what is written above: You are welcome to join https://t.me/K2tradeschat and figure it out yourself by checking the History! Get further information below: https://www.k2trades.com/
  13. Since the advent of the internet, cryptocurrencies, blockchain technology, cellphones and other connected devices are now consumers’ preferred method of payment; thus, causing the digital payment industry to blossom worldwide. As this industry continues to grow, the power dynamics and the inherent benefits of blockchain technology are shifting further in favor of digital and omnichannel providers; hence, attracting several providers to the space and also forcing a lot of companies to collaborate, diversify, and consolidate with a view to capitalizing on the growing revenue opportunity. Despite the gains of the payment industry, there are several challenges and problems bedeviling the industry. High processing fees, geopolitical tensions, regulatory changes, long account reconciliation times, and funds not reconciled into merchant accounts for several or more days are some of the problems militating against the progress of the industry. Plus, fraudsters are having a field day exploiting vulnerable investors and payment providers. With several payment processors or service platforms to choose from, how do you know which service provider is best for your business and your customer’s experience? In this post, we will walk you through some of the reasons why you should consider using OkGlobal Coin Switch as your number one service platform. OkGlobal Coin Switch is a blockchain-powered investment and services platform you can access online. The platform aims to be the future of global payment and individual currency management. They have a cryptocoin known as OkGlobal Coin. OkGlobal Coin is highly profitable because they reinvest profits from payment processing, insurance financing, currency exchange and other investment holdings/valuations into the coin ledger. OKGlobal coin is a standard cryptocoin that will operate on its unique blockchain. It is currently an Ethereum ERC20 token and will migrate to its blockchain prior to the launch of the beta testing for the SWITCH instant payment platform. So, if you worry about the decrease in the value of your money as inflation climbs, this service provider has got your back. Problems Identified By OkGlobal Coin Switch And Solutions It is a known fact that most of the payment processors on the market charge high fees just to process a single transaction. As such, it has a direct effect on consumers’ revenue and profit. So if you are looking for a platform that charges less, 90% or higher reduction compared to what other providers are charging, then OkGlobal Coin Switch is the partner you need. For a fact, OkGlobal Coin Switch will help you save thousands of dollars since they don’t have per-transaction fee and charges only 0.1%. Another problem that OkGlobal Coin Switch has resolved is the issue of waiting for several days for a deposit to reconcile into merchant accounts. Take for example, if you operate a restaurant and you need to pay your suppliers, which means the supplier has to wait for several days for the card processing company to reconcile with your bank account. With OkGlobal Coin Switch, crypto coins or fiat currencies would be available instantaneously in merchant accounts. Also, most service providers require that merchants lease or buy card processing machine, plus require a phone line dedicated to the machine to operate efficiently. But with OkGlobal Coin Switch, payments are made via customers’ free phone app through the OkGlobal Coin Switch platform. The Money Project By OkGlobal Coin Switch The first registered, regulated and compliant international blockchain project of its kind aimed at the complete disruption and takeover of banking, finance, exchange and payment processing via a living reactive decentralized autonomous organization, DAO. A living DAO that operates globally to replace faith based problematic fiat currency and bring back the use of real "money" which holds an intrinsic value backed and guaranteed by assets and investments, that will rise in value to beat inflation rates and be used globally without threat of loss, theft or unfair confiscation. The business/profit model of OkGlobal Coin DAO can take over and dominate any financial industry it enters due to the disruptive model of simply beating inflation rates in order to offer its participants "money" that is backed by real assets and increases in value to eliminate inflation loss. There are no known competitors with this model to date. Security Token Offering Launched: PHASE 1 November 15, 2019 - February 15, 2020 100% 1:1 Bonus 0.004 cents/coin 5 billion for sale, 5 billion allocated for bonus Funding Goal $20 million = 0.002 cents/coin for initial Phase 1 investors Security token sale is currently ongoing and will end on the 15th of February, 2020. If you are passionate about getting back real money backed by more than simply faith and will grow to offset inflation rates, participate today with by visiting www.okglobalcoinsg.com to get started.
  14. Andy Blignaut

    The biggest issue is that people not realized the potential of Forex, so that's why they try to do something extra-ordinary, when that's least required. So all I say is don't think about unlimited or limited, just think about doing it right. We understand that this is not easy for a beginner to understand, as the Forex Market can really mess up the minds of the very best, so that's where we have introduced something very special. And that the formula called Yadix Investment Program, with our High Yield Investment Program, it gives people the space to trade through High-Performing and Verified Strategy, which is by experts. So not only it take cares of you making money, but also in relatively simpler term.
  15. With Bitcoin hovering around the $7,200 level, it should be noted that its journey thus far has transitioned from being cautiously optimistic to a roller-coaster ride. The future, however, looks to be stuck in limbo until Bitcoin makes its next move. Bitcoin’s Current State In terms of network, Bitcoin’s hash rate aka the lifeline has come down from its ATH to 93.5 million TH/s; the network is secure as ever. The number of unique addresses as of 26 November 2019 was 380,403, a 64.53% reduction from its ATH during the peak of the 2017 bull run. Source: BTC/USD TradingView In terms of price, BTC has slowed down since its volatility is moving sideways. Multiple indicators are not exhibiting any dichotomy for Bitcoin, or any clear bias. On one hand, the price is consolidating in a falling wedge pattern, indicating a bullish bias. On the other hand, the simple moving averages [SMA] are indicating huge bearish bias. Will bulls overcome the bearish sentiment and triumph? Will the bears knock the bulls down to the ground? Dissecting one of these scenarios will help opine on what to expect for Bitcoin. The Looming Death Cross The bearish scenario that is looming over Bitcoin is the ‘Death Cross.’ Death Cross is when the 50-day SMA crosses below the 200-day SMA. Infamously, this indicator lit up before major economic downturns in 1929, 1938, 1974, and 2008. It is also important to note that there were times when the death cross appeared, but proved to be a false indicator. With the data available for Bitcoin dating back to January 2012, this indicator has flashed six times and it is clearly depicted in the chart above. So, what’s so special about this? The first major bull run in 2013 pushed the price of Bitcoin to the $1,100 territory, following which there was a bust cycle. During the bust cycle, the death cross was formed on 9 April 2014. The bulls tried to take BTC back from the bears, but failed. This caused an ephemeral golden cross, followed by another death cross, which was the nail in the bulls’ coffin. This bear cycle lasted for more than 300 days, following which another golden cross was seen. Like the fate of the previous golden cross, this one failed as well, and was immediately followed by another death cross. The bulls finally snatched BTC from the bears, forming another golden cross in early 2016, a development that led to another euphoric bull run which pushed the price exponentially. This was the 2017 bull run. The 2018 bear cycle was brutal, if not more excruciating, than the 2014/2015 bear cycle. Death Cross Autopsies Source: BraveNewCoin Liquid Index TradingView Although the death cross is supposedly a bearish indicator, from the above data, it can be inferred that the returns are rather mixed and do not represent a common deviation. 30 days into the first death cross, BTC prices witnessed a major downturn of -47.89%. The price recovered over the next couple of weeks, but failed to show any positive return. Interestingly, over 14 and 30 days into the 2018 death cross, BTC’s price surged by 11.32% and 32.67%, respectively. The price finally conformed to the death cross’ bearish bias and yielded a return of -17.36%. Eventually, 180 days into the death cross, BTC showed negative returns. Speaking to AMBCrypto, Scott Melker, a trader at Texas West Capital and a DJ, opined on the Death Cross, stating, “I don’t give much consideration to golden and death crosses. I find them to be lagging indicators, especially on higher time frames – a result of past price action, not a predictor of what price will do in the future.” With respect to the current death cross, formed on 25 October, the price has surged by 18.5% over 14 days, and dropped by -7% over the last 30 days. Although the price has collapsed by a huge amount in the last few days, more data is required to suggest the next course of action. Looking at the technicals, the bounce is just a pitstop for the bears. End Result: Bitcoin’s Bearish Case True as Scott Melker may be, moving averages are usually lagging indicators and do not give a real-time reflection of the price. The death cross has been a differentiating factor that, in a vague sense, separates bull cycles from bear cycles. For example, the April 2014 death cross lasted for 560+ days, indicating a long-lasting bust cycle. The 2018 death cross was also followed by a bear cycle that lasted 388 days, until the golden cross appeared on 23 April 2019. Since April 2019, the supposed bull run was in full force for 185 days; after which, a death cross manifested itself and has been looming over Bitcoin for more than 20 days. The bearish case for Bitcoin could prove that April 2019’s golden cross was a fake-out, one very similar to the July 2015 golden cross. The 2015 ‘fake golden cross’ was proceeded by a death cross, which pushed Bitcoin close to its previous bottom. As mentioned above, the bearish case for Bitcoin seems likely and Bitcoin could mirror a similar move from the past, more precisely, the move could be from 2015. If that were to be the case, are you prepared to stack more sats? Source of article: https://eng.ambcrypto.com/dissecting-bitcoins-death-crosses-from-the-past-btc-could-mirror-2015-setup/
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