Technical analysis by Arzgetrade about Symbol BTC: Sell recommendation (8/17/2024)
https://sahmeto.com/message/2546200
Arzgetrade
Rank: 33064
Analytical Power:
1.3
Bitcoin’s "Death Cross"
Sell
Price at Publish Time:
$59,245.26
Bitcoin's drop below $58,000 has triggered a "Death Cross," signaling a potential new wave of selling. This pattern occurs when the 50-day moving average (DMA) crosses below the 200 DMA.
Source Message: TradingView