Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears

A technical sell signal is about to appear on the Bitcoin (BTC) daily chart.

On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this case, Bitcoin’s 20-day exponential moving average (20-day EMA) will close below its 200-day exponential moving average (200-day EMA).

The indicator may end up alerting traders and investors about a potential selloff in the coming sessions, given its…


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