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Death Cross Looms Over Bitcoin’s Rally

9h ago
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A lead analyst, standing at the center in formal attire, frowning, pointing at a specific point on a large vertical screen displaying a plummeting Bitcoin chart.

Bitcoin is nearing its peaks, but a specter hovers over its trajectory. While the asset tests $86,000, a dreaded technical indicator remains frozen: the "death cross." This crossover of moving averages, often associated with bearish reversals, persists despite the current surge. Why does such a signal persist? Is it merely an anomaly or a serious warning? As positions accumulate, traders oscillate between confidence and caution, torn by a market in full dissonance.

L’article Death Cross Looms Over Bitcoin’s Rally est apparu en premier sur Cointribune.

9h ago
bullish:

0

bearish:

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