Bitcoin Death cross

in bitcoin •  7 years ago 

 The death cross can occur in individual stocks, within various funds, and when examining indices and averages. Considered a bearish signal within the market, a death cross occurs when the short-term, 50-day moving average, also called a price trend, crosses below the long-term, 200-day moving average. 

Bitcoin is near Death crsoss 50 day moving average want to  Cross down 200 Day moving average..

Big selloff is expected after confirmation of death cross :O

Red moving average is of 200 days and black as 50Days 

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