Bitcoin Falls Below Moving Averages that Made Super-Bullish Golden Cross
February 29 2020 - 3:37AM
NEWSBTC
Bitcoin recently made a “Golden Cross” where the 50-day moving
average closed above the 200-day moving average, a positive
development for traders who sees it as a very bullish indicator.
However, the benchmark cryptocurrency fell sharply right after
forming the bullish crossover. The bitcoin-to-dollar exchange rate
slipped below both the 50- and 200-DMA earlier this...
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