Bearish sentiment incoming for BTC

26 ก.ค.

The 50MA is converging with 200 MA on the daily chart and if it crosses below it is referred to as a death cross ☠️ marking bearish sentiment potential downward momentum.

A golden cross formed OCT 29th, 2023. The price is up %140 from that date.

This idea can be combined with other technical indicators to support a potential trade.