Bitcoin’s 50-week moving average (50-week SMA) is about to fall below the 100-week moving average (100-week SMA). Short-term moving averages are generally seen as better at reflecting recent market sentiment, so when the 50-week moving average drops below the 100-week moving average, it forms what is known as a “death cross” (“Bear cross”). Based on the current trend, it could happen as soon as next week.

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