Bearish

Bearish ‘Death Cross’ Price Patterns Loom for Both Bitcoin and US Stocks thumbnail

Bearish ‘Death Cross’ Price Patterns Loom for Both Bitcoin and US Stocks

bitcoin (BTC), the pattern is arising as the 50-day moving average (MA) moves to cross below the 200-day MA, likely in the next day or two. If confirmed, it would be the first death cross since Oct. 26, 2019, according to Bitstamp data. Meanwhile, similar crosses are forming on Wall Street equity indices, the Dow…