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Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto asset could be bracing for a major sell-off. Meanwhile, others are sure the death cross technical pattern means the price is due to rebound and possibly double-top to higher values than the previous all-time high. The Return of the Infamous Death Cross On June 19, a number of…

The post Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome appeared first on Technology Manias.

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