Bitcoin Golden Cross Is Here

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In this video, I discuss the recent Bitcoin golden cross (bullish moving average crossover) in the context of previous Bitcoin golden crosses and death crosses.

I am convinced that we are still in a Bitcoin bull market, since we are within the 12-18 month window following the beginning of the 4-year halving cycle. As such, golden crosses will be more powerful than death crosses at this point in the cycle.

Increased adoption and institutional buying should power Bitcoin much higher in the fourth quarter.

I am maintaining my December 2021 price target for Bitcoin of $200,000.

Not investment advice! Consult a financial advisor.

Peter Schiff gets it wrong again:
https://twitter.com/PeterSchiff/status/1407325611165618184

CoinDesk gets it wrong, too:
https://www.coindesk.com/markets/2021/06/09/looming-death-cross-could-signal-bitcoin-bear-market/

My video about the Bitcoin death cross:
https://www.youtube.com/watch?v=I1_QkXz1R0w&ab_channel=TraderUniversity

Plan B's models:
https://medium.com/@100trillionUSD

Bitcoin Price Targets And The Stock-To-Flow Model:
https://www.youtube.com/watch?v=GDBCYyrdvJo&ab_channel=TraderUniversity

Stock to flow model charts:
https://s2f.hamal.nl/s2fcharts.html

https://www.lookintobitcoin.com/charts/stock-to-flow-model/

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#GoldenCross
#DeathCross

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Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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