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Bitcoin Death Cross- What Is It (And Should You Be Scared?)

Bitcoin Death Cross- What Is It (And Should You Be Scared?)

A Death Cross is an instance when Short-Term Moving Average (MA) dips below the Long-Term Moving Average. It shows that the current short-term downward trend has now become a long-term trend, suggesting a persisting bearish market. Bitcoin is very close to its death cross. Bitcoin Death Cross Its 50-day MA is about to cut the 200-day MA from the top. Meaning, the short-term bearish



This post first appeared on Bitcoin India Wiki, please read the originial post: here

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Bitcoin Death Cross- What Is It (And Should You Be Scared?)

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