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What is a 'death Cross' in Bitcoin?

Rebecca is an expert in personal finance, business, and financial markets. Chart analysts are seeing an alarming pattern in bitcoin’s recent trends, one they call a “ death cross .” A death cross occurs when the short-term moving average, which is an average of which direction a security is moving, breaks below its long-term moving average.

Is a death Cross in Bitcoin a sign of Doom and gloom?

Not only is the market shaken from the recent downtrend, but there’s an extra layer of doom and gloom due to an impending “death cross” in Bitcoin. Learn all about the ominous sounding crossover of two commonly watched moving averages, what the signal could mean, and how Bitcoin price has reacted in the past. Don't wait!

What is a death cross?

A death cross occurs when the short-term moving average, which is an average of which direction a security is moving, breaks below its long-term moving average. As that point, both short- and long-term moving averages tend to fall, so a “death cross” is a bearish signal indicating further losses.

Will bitcoin cross the 200-day moving average?

With bitcoin, its short-term, 50-day moving average is rapidly closing in on its long-term, 200-day moving average. It’s the closest the two figures have been in nine months, and, if they cross, it would be the first time since 2015.

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