Bitcoin Death Cross Is Approaching

in #bitcoin • 8 years ago (edited)

Crypto Death Cross is fast approaching. It'll be interesting to see how things develop. Cryptocurrency's 50-day moving average has dropped to the closest proximity to its 200-day moving average in 9 months. Crossing below that level signals fresh weakness to come for technical traders who dub such a move a "death cross."

8 years ago in #bitcoin by
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     8 years ago 

    For future viewers: price of bitcoin at the moment of posting is 7726.80USD

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