https://www.coindesk.com/markets/2023/03/06/does-bitcoins-weekly-chart-death-cross-call-for-caution/
Bitcoin's weekly price chart is showing an ominous technical pattern, with the 50-week SMA crossing under the 200-week SMA to form a "death cross". Analysts are split on what the bearish indicator means for the cryptocurrency. Some fear this could lead to a sustained downtrend in the short term. Others note that the death cross only represents a past event and may not accurately predict the future. As uncertainty looms over the crypto market, investors are advised to tread with caution and keep a watchful eye on bitcoin's movements.
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