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Bitcoin Dips Below $40K as ‘Death Cross’ Looms on Price Charts

The past record of the “Death Cross” as an indicator of deeper drawdowns is mixed.

Updated May 11, 2023, 4:38 p.m. Published Jan 10, 2022, 7:58 a.m.
Bitcoin's previous death cross was a bear trap (TradingView)
Bitcoin's previous death cross was a bear trap (TradingView)