I've got to laugh at the moment, as you said the price of BTC is just moving sideways and the moving averages are only converging because of lack of movement and everyone is screeching 'Death Cross !!! Death Cross !!!!' like it actually means anything, lol.

Same thing with your Steem chart, people will be screeching 'OMG Steem has broken a major trend line ! BUY BUY BUY !!!'.

I wish a lot of these idiots would just learn to read price action like us, or at least learn how to read technical analysis properly.

Good post man, thanks.