/Bitcoin's 'Death Cross' Looms as Strategist Eyes $2800 Level

Bitcoin's 'Death Cross' Looms as Strategist Eyes $2800 Level



Bitcoin’s 50-day moving average has dropped to the closest proximity to its 200-day moving average in nine months. Crossing below that level … Gear up for a 76 percent tumble from late February highs, which would take Bitcoin to a paltry $2,800, if the downtrend is repeated. Another gauge that …

Source: Bitcoin’s ‘Death Cross’ Looms as Strategist Eyes 00 Level