140. Bitcoin Death Cross | Digital Asset News

Jun 10, 2021 · 13m 15s
140. Bitcoin Death Cross | Digital Asset News
Description

A death cross occurs when the 50-day moving average crosses below the 200-day moving average. If that happens, bitcoin could enter bear market territory similar to what happened in 2018....

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A death cross occurs when the 50-day moving average crosses below the 200-day moving average. If that happens, bitcoin could enter bear market territory similar to what happened in 2018. Previous death crosses resulted in additional price declines of 70% in 2018 and 47% in 2019. The death cross in 2020 occurred shortly after the coronavirus pandemic-induced market crash in March, which proved to be a lagging signal at that time.

Guest: Rob - Digital Asset News
Digital Asset News youtube channel ➜ http://bit.ly/DigiAssNews

#Bitcoin #BTC #DeathCross
~Bitcoin Death Cross | w/ Digital Asset News~
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