Explainer: ‘Death cross’ chart formation adds another worry to bitcoin outlook – Reuters
- Date: 22-Jun-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Explainer: ‘Death cross’ chart formation adds another worry to bitcoin outlook – Reuters
June 21 (Reuters) - For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A “death cross.”
The formation could signal further losses ahead. Here are some details about what this is:
What is a death cross?