The “death cross,” a bearish technical signal biw looming in price charts, could point to trouble ahead for bitcoin (BTC) amid regulatory crackdowns and environmental concerns. A death cross occurs when the 50-day moving average crosses below the 200-day moving average. If that happens, bitcoin could enter bear market territory similar to what happened in 2018. Previous death crosses resulted in additional price declines of 70% in 2018 and 47% in 2019. The death cross in 2020 occurred shortly after the coronavirus pandemic-induced market crash in March, which proved to be a lagging signal at that time. “Speculative ... (full story)