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Bitcoin 'death cross' that pushed BTC price to $28.8K reappears
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A technical sell signal is about to appear on the Bitcoin (BTC) daily chart.
On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this case, Bitcoin's 20-day exponential moving average (20-day EMA) will close below its 200-day exponential moving average (200-day EMA).
The indicator may end up alerting traders and investors about a potential selloff in the coming sessions, given its
Read more on cointelegraph.comAbout this in other media
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row cointelegraph.com /2 years ago
Analysts warn that possible downside wick could push BTC price as low as $44K cointelegraph.com /2 years ago
Bitcoin can hit $333K 'parabolically' if this BTC price fractal plays out cointelegraph.com /2 years ago
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