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Bearish sentiment incoming for BTC
The 50MA is converging with 200 MA on the daily chart and if it crosses below it is referred to as a death cross ☠️ marking bearish sentiment potential downward momentum.
A golden cross formed OCT 29th, 2023. The price is up %140 from that date.
This idea can be combined with other technical indicators to support a potential trade.
A golden cross formed OCT 29th, 2023. The price is up %140 from that date.
This idea can be combined with other technical indicators to support a potential trade.
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