The alarming death cross – the name for once a short-run moving average crosses below a semipermanent moving average. It’s looked on the charts of Bitcoin associated different monetary assets. Crypto or ancient – will hint at an extended downtrend ahead.
To the dismay of crypto investors, the overall cryptocurrency market cap is inching nearer and nearer to finishing a death cross. If it completes, it may signal that the market can come back to its brutal crypto winter which the market might not truly be over the least bit.
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