Bitcoin, the short-term moving averages are crossing to the downside.


This is often said to be a sign of a bottom.

In reality, after a death cross occurs, there is often a rebound, but sometimes it drops even further beforehand.
Whether the current situation turns out to be bullish or bearish will likely depend on whether it breaks through the next major support level.

For now, I think it's worth keeping an eye on this death cross signal.
If you're a short-term trader, it might be good to pay attention to it.
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