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#BITCOIN Daily Chart Analysis
As per daily chart pattern moves, estimated #DeathCross will be happening up to 12-15 September and if it will be happening then Market goes in Deep #BearishZone for next 70-100 days and Bullish Trend will be starts very late around 15-25 Nov. 2023, but #Altcoins starts to performing well here.
A "death cross" occurs when the 50-day moving average (50MA) crosses under the 200-day moving average (200MA), it's opposite to "golden cross" . It's always a very big bearish sign, that indicates the market may be heading toward a longer-term of downtrend or bear market.
Always DYOR before investing in Crypto-Currency in this Volatile situation, and Trade wisely by using StopLoss.... It's a NFA.
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