Technical Analysis on Bitcoin

(2018/03/28)

In Finance area, different moving averages are often used in technical analysis. This is a interesting example about Bitcoin:

"A death cross is a term used to describe a cross-over of the 50-day moving average and the longer-term 200-day moving average. More specifically, it's used to illustrate when the 50-day moving average moves below the 200-day moving average, technicians often look at this pattern as a bearish sign of what's to come"

https://www.cnbc.com/2018/03/28/bitcoin-is-nearing-a-death-cross-on-the-charts-heres-what-it-means.html