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Bitcoin approaches ‘death cross’

The ominous-sounding ‘death cross’ is a bearish indicator which shows up when the 50-day moving average (MA) drops below the 200-day MA, CoinDesk wrote. The death cross looks like it’s about to become fact this week due to rising concerns of the US Fed’s faster liquidity withdrawal, which paints a bearish picture for Bitcoin (BTC/USD) […] The post Bitcoin approaches ‘death cross’ appeared first on Invezz. дальше »

2022-1-11 14:30


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Bitcoin Could Soon Break its 200-Day MA, Triggering Next Uptrend

Bitcoin has been able to once again push into the upper-$7,000 region after facing multiple rejections here throughout the past few days The cryptocurrency is pushing up against its 200-day moving average – a key trend-determining level A break above this 200-day MA could spark a major upside movement, with some analysts thinking this is imminent After facing multiple harsh rejections within the upper-$7,000 region throughout the past couple of days, Bitcoin has been able […] дальше »

2020-4-28 21:00


This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge

Over the past few days, all anyone could talk about on Crypto Twitter was the golden cross that had formed on Bitcoin’s one-day chart. For those unaware, a traditional golden cross in technical analysis is when an asset’s 50-day simple moving average crosses above its 200-day moving average, suggesting that a decisive bull trend is […] The post This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge appeared first on CryptoSlate. дальше »

2020-2-20 12:00


Bitcoin Back in a Bull Market, Trend Says Price Would Jump Above $17,500: Tom Lee

After becoming the best performing and the hottest asset of the decade, Bitcoin is up over 26% YTD and staying above $9,000 level. The world’s leading cryptocurrency is currently trading above its 200-day moving average which according to Bitcoin bull Tom Lee, the founder of independent research and advisory firm Fundstrat is a significant signal […] дальше »

2020-2-5 16:47