Bitcoin: Death Cross, Real or Not

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
How real is BTC             death cross is a question to ponder. Just thought to share this upfront. Typically, after such a major pullback and 70% decline in price, BTC             rises progressively. However, it also has a tendency to go down towards the earlier support level that set the consolidation phase. At present this level is $6000. Should BTC             drop again to this level, the death cross might have already happened. At present, the traded volume for BTC             remained on the lower side. That has to increase to keep the momentum on going. So far, BTC             remains bullish on 100D/200D scale.
Comment: BTC on 1D is approaching the death cross. Should be careful around those times.
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