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Wednesday, March 28, 2018

Why Bitcoin's Likely 'Death Cross' May Be a Damp Squib

Bitcoin risks entering a technical "death cross" soon, but the bearish signal will likely not be as severe as has been made out in reports. A death cross occurs when the 50-day moving average (MA) cuts the 200-day MA from above (bearish crossover), indicating a long-term bear market going forward.

from Google Alert - Bitcoin https://ift.tt/2GjDwUE

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