The Death Cross
When the 50-period moving average crosses below the 200-period moving average, the Death Cross is formed.
It is a lagging but massive technical indicator that confirms that the long-term trend has changed to bearish.
Investment funds and algorithms use this crossover to exit positions.
If you see it on the daily chart of $BTC , prepare for a long winter.
BTCUSDT
Perp
90,057.4
-0.26%