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Bitcoin Close to Breaking Out of Death Cross: Here’s What That Means - Yahoo Finance

1 min read
Bitcoin Close to Breaking Out of Death Cross: Here’s What That Means - Yahoo Finance

Bitcoin is on the verge of breaking out of a "death cross," a technical analysis pattern that occurs when the 50-day moving average falls below the 200-day moving average, often signaling bearish market sentiment. Analysts are closely monitoring this potential breakout, as it could indicate a shift in momentum for the cryptocurrency.

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Source: Google News Crypto · Report an issue