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Why Bitcoin Is a Screaming BUY After Death Crosses

Posted January 20, 2022

Jonathan Rodriguez

By Jonathan Rodriguez

Why Bitcoin Is a Screaming BUY After Death Crosses

It's J-Rod here and welcome back to Stocks That Rock.

Each week, I turn up the volume on a breakout stock or crypto that will rock your retirement account.

As you know, Bitcoin is in bad shape. It's down more than 40% from its all-time high.

And it just flashed a dreaded death cross...

Which is a bearish chart signal where a crypto's 50-day moving average crosses below its 200-DMA to the downside.

By now, I'm sure you've seen the terrifying headlines about bitcoin blowing up and going to zero now that we've seen the signal.

But what I'm about to say will probably shock you...

Bitcoin is actually a BUY following a death cross — NOT a sell.

Today, I'm going to show you how to play the bitcoin death cross for a massive profit.

Click the video below to get started.

Video Notes:

Full disclosure, I'm a big-time crypto bull… But I'm not a dummy!

So when I saw Bitcoin staring down a death cross — which is typically a reliable bearish indicator that points to future losses — I braced myself for the worst.

But here's the thing...

I ran a backtest on the six death crosses Bitcoin has seen since 2014. And I was blown away by the results — in a good way!

You see, Bitcoin is indeed weak in the first month following a death cross.

In the first week, the coin dropped an average of 4% and was positive only 16% percent of the time.

You still see the coin underperform after two weeks.

But once you get three to six months out, the crypto is up double-digits...

And Bitcoin rose an average of 180% after one year.

Now I know what you're thinking...

Ugh, yet another ugly spreadsheet jammed with numbers — just show me the freaking charts!

Not to worry, I've graphed all this price action for ya!

So here's the visual of the average price return of Bitcoin after a month.

Bitcoin underperforms big-time… But look at the long-term returns post-death cross.

Even though bitcoin still underperforms relative to itself after the cross, it's still up nearly 200% after a year.

Now, take a look at the one-month cumulative returns chart.

Again you can clearly see the weakness, especially in the first two weeks.

But after three months, you see an explosive surge in three instances.

In fact, after the September 2015 cross... bitcoin nearly doubled in under 90 days.

And again, after a year... Bitcoin is booming!

You see twelve months after the March 2020 death cross... bitcoin rose 800%.

But here's what shocked me most about the backtest...

After a death cross, bitcoin still outperforms the S&P in every one month, three-month, six-month and twelve-month period by a HUGE margin.

So, for the million-dollar question...

How can you use all this data to rocket your retirement savings?

It's super simple…

Take advantage of the weakness over the next few weeks to build a new position, or add to an existing position you've got on.

Then sit back and enjoy life for the next twelve months while your bitcoin portfolio works for you!

Right now, bitcoin is following the script down about 4% from the death cross.

So you've still got a shot at big-time bitcoin gains over the next six to 12 months.

Thanks for watching today's video.

I know we went heavy on the spreadsheets today...

But it's that important for you to know how crypto can work for you, with your rich retirement at stake.

That's all for today.

As always, if you dig the content...

Please hit the like button and subscribe to Rich Retirement TV on YouTube so you never miss out on my videos.

And if you've got a question or comment, drop me a note below this video or shoot me an email at AskJRod@StPaulResearch.com.

Thanks again.

Jonathan Rodriguez

Jonathan Rodriguez
Senior Analyst, Technology Profits Daily

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