(DYOR) Crypto Bitcoin: Is A Christmas Miracle Rally Likely?

in #crypto • last year

Screenshot_20221225-190945.jpg
The death cross is quite an integral part of technical analysis. Such a crossover occurs when a short-term moving average falls below a major long-term moving average. Conventionally, the death cross brings along with it bearish momentum and suggests a down flip in the price.

As illustrated below, Bitcoin’s 50 DMA is on the verge of falling below the 200 DMA. At press time, there was just a $50 difference between the two on the 4-hour timeframe.

#trading #invest #forex #saham
last year in #crypto by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.19
    TRX 0.12
    JST 0.027
    BTC 62835.39
    ETH 3401.78
    USDT 1.00
    SBD 2.39