Looking at Bitcoin, a death cross is appearing.


The pattern where the short-term moving average crosses below the long-term one is also said to be a sign of a bottom.
Be cautious during such times.

After a death cross appears, how it moves next is the key.
In past charts, this signal often led to a decline, so it's important to watch future price movements.
It's still unclear where the bottom will be, but it might be wise to keep this technical signal in mind.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments