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Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears By Cointelegraph


© Reuters.

A technical promote sign is about to seem on the (BTC) each day chart.

On Dec. 18, the BTC price will expertise a demise cross, a market indicator that happens when a short-term shifting common slips under a long-term shifting common. In this case, Bitcoin’s 20-day exponential shifting common (20-day EMA) will shut under its 200-day exponential shifting common (200-day EMA).

each day price chart that includes May 2021 demise cross. Source: TradingViewBTC/USD each day price chart that includes March 2020 demise cross. Source: TradingViewBTC/USD each day price chart. Source: TradingViewBTC/USD each day price chart that includes RSI breakouts. Source: TradingViewBTC/USD four-hour chart evaluating RSI developments from Sep. 2021 and Dec. 2021. Source: TradingView

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