Monday’s cryptocurrency mini-rally looks to have run its course with the 200-day moving average capping any upside breakout. Bitcoin has traded below the longer-dated ma for nearly two weeks and needs a driver to break and close above this important technical indicator. In addition, the 20-day ma is looking set to break below the 200-dma, highlighting the current negative sentiment. If we look at the 50-day moving average - the blue line on the chart – we can see that this is now approaching the 200-dma, warning of a potential ‘death cross’. Back on April 24 this year, the 50-dma broke above the 200-dma, producing a ... (full story)