What is the death Cross in crypto?

One such term is the dreaded “death cross.” The death cross is commonly touted as an ominous sign during downward crypto price action, indicating possible further significant downward movement. The event occurs on price charts when two specific moving averages intersect on a path downward.

What was Bitcoin's most significant death cross?

Bitcoin’s most substantial death cross was in the wake of the 2017-2018 crash, Cox notes. That’s when Bitcoin dropped around 60% between December and February. The death cross occurred on March 30, 2018, but lows had already been reached. Bitcoin rallied over the next month.

What is a Golden Cross in crypto?

The golden cross is not unique to stocks or indices, however. Let’s look at crypto for other examples of the golden cross. The golden cross has sparked strong Bitcoin rallies before. As the chart below shows, a good example of this can be found back in April 2019, after the Bitcoin bear market bottomed.