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Ethereum World News 2021-06-19 08:30:03

The Use of T.A Could Make Bitcoin’s Death Cross Self-fulfilling

Many traders use technical analysis to determine Bitcoin’s short-term price movements This could lead to a ‘self-fulfilling’ death cross as Bitcoin traders expect further losses Bitcoin’s 50-day moving average is in the process of crossing the 200-day moving average to confirm the death cross Bitcoin’s price will most likely continue to drop in the months to follow Bitcoin and crypto analyst, Timothy Peterson of Cane Island Alternative Advisors, has pointed out that Bitcoin’s highly anticipated death cross event, might be […]

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