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Tag: signaling

Bitcoin’s Death Cross Hints at Potential Further Price Decline

The post Bitcoin’s Death Cross Hints at Potential Further Price Decline appeared com. The Bitcoin death cross occurs when the 50-day exponential moving average crosses below the 200-day average, signaling a shift to bearish momentum. As BTC drops to a seven-month low near $80,000 amid reduced Federal Reserve rate cut expectations, the broader crypto market has lost nearly $60 billion in value, reaching $2. 91 trillion. Bitcoin confirms death [.] Source:.