Death-to-the-Golden Cross // BTC 100d-MA & 600d-MA

During the previous 2 cycles, once 's 100d-MA fell below the 600d-MA (death cross), 's price proceeded to capitulate to at or near the bear market lows.

Once 's 100d-MA moved above the 600d-MA (golden cross), the 100d-MA did not come back down below the 600d-MA until the following cycle's lows.

Moving now to the current cycle, 's 100d-MA once again fell below the 600d-MA on May 13 2023. 's price then proceeded to capitulate down to the current cycle's low (~$15,473).

Then on July 26 2023, 's 100d-MA moved above the 600d-MA.

Now we just need to wait and see if the trend holds.

Confirmation won't be known until either the next bull cycle really kicks off, or if the 100d-MA is not able to hold above the 600d-MA before price can reach a new ATH.

Death to the Golden Cross