Bitcoin’s Death Cross Could Be a Contrarian Buy Signal

[RSS News]

© Reuters. Bitcoin’s Death Cross Could Be a Contrarian Buy Signal

• The death cross could form as soon as June 19
• Analysts are divided over whether the worst is to come or has already passed
• However, a death cross is a lagging pattern that mostly shows what has passed

Bitcoin’s looming death cross has the crypto community shook and waiting for what many believe is impending doom.

At this point in time the #bitcoin death cross will be around June 19. pic.twitter.com/qc34MGdI1C

— MidnightInvestr (@MidnightInvestr) June 11, 2021

Over the last few weeks, the top crypto has fallen from an all-time high of $64,90...

This article was first published on coinquora.com

Continue reading on CoinQuora


Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.