The Bitcoin death cross occurs when the 50-day exponential moving average crosses below the 200-day average, signaling a shift to bearish momentum. As BTC drops to a seven-month low near $80,000 amid reduced Federal Reserve rate cut expectations, the broader crypto market has lost nearly $60 billion in value, reaching $2.91 trillion. Bitcoin confirms death […]
Source: https://en.coinotag.com/bitcoins-death-cross-hints-at-potential-further-price-decline