What does the 'death cross' observed last November signal in Bitcoin’s price history and why is it linked to potential market bottoms?
Pourquoi est-ce la bonne réponse?
This is correct because a death cross happens when a shorter term average, like the 50-day, falls beneath a longer term average, like the 200-day. It shows that recent price momentum has weakened. Historically, such crossovers often mark significant local lows as selling pressure peaks. Traders see this signal as a potential reversal point where bearish momentum may end and a new upward trend could begin, helping identify buying opportunities at market bottoms.
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