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 […]
When Is Bitcoin Death Cross
Bitcoin has had a tough year so far, with the price of the cryptocurrency dropping by more than 60 percent. On Thursday, the price of bitcoin fell below $6,000 for the first time since November 2017, and on Friday it dropped below $5,800. That’s a more than 70 percent decline from its all-time high of […]
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