Bitcoin Faces Technical Crossroads Amid Looming 'Death Cross' - AdLunam

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Bitcoin Faces Technical Crossroads Amid Looming ‘Death Cross’

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This topic has 0 replies, 1 voice, and was last updated 4 months, 1 week ago by
Moonlit Aura

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- April 17, 2025 at 10:07 am
  
  #15948
  
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  Moonlit Aura
  
  @moonlitaura
  
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  As of mid-April 2025, Bitcoin 🪙 is nearing a “death cross,” 📉 a bearish signal. The 50-day moving average is dipping below the 200-day, with a $2,000 gap. Historically, such patterns led to downturns.
  
  Analysts are divided on the implications. Some caution against overreacting, others advise preparing for a potential 13% drop to $73,800. 🐻
  
  This technical setup comes after Bitcoin’s surge past $100,000.🚀 Despite the death cross, long-term optimism persists due to finite supply and institutional adoption. 🏦
  
  Investors should monitor technical indicators and market sentiments closely. 👀
  
  post url: https://altcoin.observer/bitcoin-faces-technical-crossroads-amid-looming-death-cross-2/
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