Don't panic about bitcoin's latest death cross

in #bitcoin5 years ago (edited)

Bitcoin's death cross (50 day MA moving below the 100 day MA) was just confirmed. However, you shouldn't panic as it might be a fake one just as happened many times prior to 2017.

Just during 2016, we had 2 fake death crosses on the same time frame and same moving averages.

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hopefully it will hold that support

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