What Is a Bitcoin ‘Death Cross’ and Why Is Everyone Talking About It?

Posted on Mar 31, 2018

What Is a Bitcoin ‘Death Cross’ and Why Is Everyone Talking About It?

You may have heard of the death cross, because news outlets have grabbed onto it likely because it sounds awesome and people click on awesome things. The reality is less exciting: A death cross is when an asset’s short-term movement average crosses below its long-term average, indicating way more downward action in the market than usual, and apparently Bitcoin is nearing one. Sounds bad!

Source: vice.com