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The Kiss of Death of Bitcoin

BITSTAMP:BTCUSD   Bitcoin
Kiss of Death is when weekly the price close below 31 EMA and pullback to 21 EMA and Trend become Bearish

The History of Kiss Of Death

2013-2017

2017-2019


If we see the chart when price pullback from 21 EMA & 31 EMA the Trend still bullish
and we price close below 34 EMA the trend become bearish

But after the market crash in May 2021, the price never back to hit 21EMA again,

the longer the price does not touch the EMA21 Weekly,
it becomes a big warning

leet see in this week

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