
Bitcoin Death Cross Approaches—Nobody Panic
Bitcoin Death Cross Approaches—Nobody Panic decrypt.co 07 August 2024 07:22, UTC Bitcoin crashed to a daily low of $49,577 yesterday and could be on the brink of a death cross, a pattern that has historically spooked traders and stirred up a storm of pessimism. This ominous-sounding phenomenon in technical analysis occurs when the 50-day…