Tags : Cross

Cryptocurrency

Bitcoin faces ‘death cross’ if bulls don’t step up

Crypto YouTuber Lark Davis points out that Bitcoin is headed for a death cross “unless something changes soon.” At the current trajectory, the bearish technical pattern will occur in mid-June. Unless something changes soon for #bitcoin then we could be staring down a death cross in mid June!!! pic.twitter.com/K3pkvNrnPx — Lark Davis (@TheCryptoLark) June 4, […]Read More

Bitcoin

Bitcoin Wipes Off Dangerous Bearish Cross After Fed Holds Rates

Key Bitcoin Takeaways Bitcoin formed a bearish cross earlier this week as it underwent a major sell-off. But the cryptocurrency counterbalanced fears of a further downside correction after the Federal Reserve’s policy update. The US central bank announced that it would keep near-zero interest rates steady. Earlier this week, a death cross formed on the […]Read More

Bitcoin

Bitcoin Paints Predictive Death Cross As Price Risks Falling to

Key Bitcoin Takeaways Bitcoin exploded past $61,000 during the weekend session to hit a new record high. The cryptocurrency failed to hold the upside momentum as profit-taking intensified. It is now trading about 9 percent lower from its sessional top and has hinted at further downside risks after forming a death cross. The cost to […]Read More

Bitcoin

Bitcoin Poised to Form Golden Cross That Could Extend 2021

Bitcoin is looking at an imminent crossover between its short-term and long-term moving averages, a phenomenon that many professional traders consider as a cue for future price rallies. Dubbed as the “Golden Cross,” the convergence is a positive momentum indicator, occurring when an asset’s 50-period moving average moves above its 200-period moving average. It comes […]Read More