Phenomenal cryptocurrency analyst and Youtuber Carl From The Moon pointed to Bitcoin (BTC) weekly bearish signal called the Death Cross.
Carl’s official social media account on February 14 in his post onBitcoin weekly in the period Death Cross He said that the formation, which is called as the most frequently used by many investors trading in financial markets, has been approved.
Analyst, this signal must be in Bitcoin. drop means it will happen that you didn’t come stated. Death Crosses and vice versa Golden Cross signaling bullish signal delayed signals Noting that there is no not having success also noticed.
of a being 50 weekly average price 200 Death Cross, which is the name given to the movement formed by cutting the weekly price average downwards, is popularized by financial market actors. in view must be kept signals is among. However, as Carl said, it is thought that many analysts prefer not to use it anymore due to the lagging data.
On the other hand, compared to other strategies Taller from market FUDs according to other signals because it is based on a period It is expected to be less affected.
of bitcoin daily or 4 hours The death cross, which occurred many times on the chart, took place for the first time on the weekly chart.
