Bitcoin’s death cross confirmation may mean BTC is officially in bear market
A rare death cross has been confirmed on Bitcoin’s price chart, suggesting that the bear market has started. Will dip buyers be able to defy the trend?
Key takeaways:
Bitcoin’s death cross, which previously led to 64%-77% BTC price declines, has flashed again.
Mounting selling pressure is prompting many investors to sell their BTC holdings at a loss.
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