@makst552
The top crypto’s descent has triggered a death cross and the first weekly candlestick close below the 50-week moving average–two technical but critical signals that hint at a potential start to Bitcoin’s bear market.
A death cross occurs when the 50-day moving average crosses below the 200-day moving average. The popular bearish indicator suggests that short-term momentum is falling faster than the long-term trend, potentially signaling the start of a bear market.