BITCOIN Death Cross Over: Death Cross over is very bearish sentiment. But is play differently time to time.
- We can see BTC price drop 13% to 25% before this death cross over.
- In last 4 death cross over, 3 times BTC make bottom near death cross- over and bounce for new rally after death cross-over.
- BTC 200 MA at $85685, Daily closing below this level can hurt BTC badly for 12%-25% fall.
- If market not able to Reclaim MA 200 after death cross over than BTC enter in long term bear market.
Conclusion: Trump tariff create pressure on market and it can be continue till April 2. BTC need to hold $85,685 till April 2 to avoid massive crash.
- We can see BTC price drop 13% to 25% before this death cross over.
- In last 4 death cross over, 3 times BTC make bottom near death cross- over and bounce for new rally after death cross-over.
- BTC 200 MA at $85685, Daily closing below this level can hurt BTC badly for 12%-25% fall.
- If market not able to Reclaim MA 200 after death cross over than BTC enter in long term bear market.
Conclusion: Trump tariff create pressure on market and it can be continue till April 2. BTC need to hold $85,685 till April 2 to avoid massive crash.
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