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Technical analysis by Stackcitybish about Symbol BTC on 8/15/2024

https://sahmeto.com/message/3327707
Stackcitybish
Stackcitybish
Rank: 5662
1.7
،Technical،Stackcitybish

50 day moving average cross below the 200 day on the BTC/USD chart. Ominous sign of what's to come or will Bitcoin reverse course and head higher?Follow through to the down side after the death cross. Charts not looking great for longs short term.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$59,538.61
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