Ninjastic
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Re: Bitcoin faces 'death cross' after falling below $9,000 Read more at: //economic
by
bocyaj
on 15/05/2018, 18:40:53 UTC
Quote from: elemosho.crypto on May 14, 2018, 01:39:12 AM
Bitcoin’s plunge back below $9,000 has the cryptocurrency facing a dreaded death cross. This occurs when the 50-day moving average breaks below its 200-day counterpart on a closing basis. As the name implies, it’s considered a bearish development.
This would be the first death cross for Bitcoin since 2015.

Read more at: https://economictimes.indiatimes.com/markets/stocks/news/bitcoin-faces-death-cross-after-falling-below-9000/articleshow/64145281.cms

What are you thinking about the death cross?? How long it might take to overcome this??

After the mark of 9000$,bitcoin struggle a lot.It's is very hard to get back to 8500$,last two days.Yesterday,their is some fluctuation in the bitcoin price.Today the price of bitcoin had reach 8800$,very close to 9000$.Their are huge chance for 9000$ mark in bitcoin price by tomorrow.