Now traders who rely on price and volume charts are applying the method to cryptocurrencies, and bitcoin is encroaching upon
the dreaded death cross — when charts reflect a «crossover» between the 50 - day (short - term trend) and 200 - day (longer - term trend) moving averages, as pointed out by CNBC.
Capital Economics does point out that bitcoin emerged from
the dreaded death cross «unscathed,» though they add that they don't put too much stock in this:
Not exact matches
Looking at the daily chart, you can see that Bitcoin Cash (like Bitcoin) is quickly approaching the
dreaded «
Death Cross» or when the 50 - day moving average
crosses the 200 - day moving average.