'Death Cross' Pattern Forms on Bitcoin's Weekly Price Chart

Mar 6, 2023

Bitcoin's 50-week simple moving average has crossed under its 200-week SMA, confirming a "death cross," a bearish indicator suggesting the short-term price pullback could become a more sustained downtrend. Analysts, however, are split on what it means. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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