What is Death Cross Bitcoin? Death Cross Bitcoin is a term used in the cryptocurrency world to describe a situation when the 50-day moving average (MA) falls below the 200-day MA. This is seen as a negative sign for the price of Bitcoin and other cryptocurrencies and often precedes a major price decline. The Death […]
What Is Bitcoin Death Cross
What is Bitcoin Death Cross? Bitcoin Death Cross is a technical analysis term that is used when the 50-day moving average falls below the 200-day moving average. This is often seen as a bearish sign for the cryptocurrency. The term was coined in April 2018 when the price of Bitcoin plummeted below the $7,000 mark. […]
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What Is The Bitcoin Death Cross
What is the Bitcoin Death Cross? The Bitcoin Death Cross is a phenomenon that is caused when the 50-day moving average falls below the 200-day moving average on a chart of Bitcoin prices. This indicates that the market is in a bearish trend, and often precedes a price crash. The term was first coined in […]
Read Time:
12 Min
0
0