BTC Chart: The red line has crossed. 😱 Are we facing a 64% drop like in 2022?
$80,000 DOLLARS and the ghost of the "Death Cross" becomes real! 💀 My people, hold on because Bitcoin has just confirmed a technical signal that has historically been the alarm for strong bear markets. 📉 It's not time to panic, but it is time to deeply understand what is happening with the cryptocurrency that we all love.
🛑 TECHNICAL ALARM! WHAT THE HECK IS THE DEATH CROSS?
Look, to help you understand as if we were having a coffee: in the trading world, we use lines on charts called Simple Moving Averages (SMA), which are basically the average price of Bitcoin over certain periods. The ones that matter here are two:
🛑 TECHNICAL ALARM! WHAT THE HECK IS THE DEATH CROSS?
Look, to help you understand as if we were having a coffee: in the trading world, we use lines on charts called Simple Moving Averages (SMA), which are basically the average price of Bitcoin over certain periods. The ones that matter here are two:
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BTC
90,115.23
-0.18%