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Bitcoin Breaks 200-Week SMA After 204-Day Death Cross — History Says This Is Where It Gets Ugly - CCN.com

.1 min read
Bitcoin Breaks 200-Week SMA After 204-Day Death Cross — History Says This Is Where It Gets Ugly - CCN.com

Bitcoin has broken above its 200-week simple moving average (SMA) following a 204-day death cross, a trend that historically has led to further declines. Analysts are cautious, noting that similar patterns in the past have often preceded significant downturns in the cryptocurrency's price.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

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Bitcoin Breaks 200-Week SMA After 204-Day Death Cross — History Says This Is Where It Gets Ugly - CCN.com | CoinInformer