Bitcoin may be a few weeks away from its first weekly chart 'death cross,' which is a bad sign for traders looking for bullish cues. Chart of the Day dissects the data, presented by cryptocom:
Bitcoin is a few weeks away from its first weekly chart "Death Cross," which is a bad sign for traders looking for bullish cues.
According to technical analysis theory, the bearish intersection of the two averages indicates that the market is about to head into a tailspin. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
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