Bitcoin Price Under Pressure Due To ‘Death Cross’ Concerns

Bitcoin Price Under Pressure Due To ‘Death Cross’ Concerns

Bitcoin Price Under Pressure Due To ‘Death Cross’ Concerns

Death Cross

Bitcoin price plummeted sharply today after trading in the narrow range of $8,000 level on Wednesday. The latest selloff isn’t due to ads bans, regulators clampdown or warnings; the downtrend was purely supported by traders concerns over the technical factors on price charts – market participants are predicting a massive crash in BTC price in the days to come, driven by a Death Cross trend. Bitcoin price declined more than 7% today, down 15% in the last seven days.

TV analyst Abigail Doolittle said, ‘the “death cross” trading data for bitcoin, suggests that we could see …

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