What is the Bitcoin ($BTC) Death Cross? Explanation of MAs and Their Important
There is a lot of buzz about the "Death Cross" occurring for Bitcoin, signaling the beginning of a bear trend. Find out what this is, the last time it happened, and what the future may hold.
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Do NOT trade based on what you see in this analysis. Hyped on Crypto (HoC) and the Analyst that produced this analysis are not be held responsible for any losses that may occur. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You should only trade based on your knowledge, experience, and risk as a trader. This information is for educational purpose only. Trading in any market contains a high degree of risk. It is possible and EXTREMELY likely that you will lose some if not all of your initial investment. HoC or the Analyst that produced this analysis is not a licensed financial planner or adviser. If you are unsure of anything in the financial market, always seek advice from a licensed financial planner or adviser. Any and ALL content published by HoC and/or affiliates should be NOT be considered financial advice. Invest at your own risk and as always, do your own research!
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For future viewers: price of bitcoin at the moment of posting is 8522.70USD