📊 The appearance of “Death Cross” on the Bitcoin chart

Bitcoin recorded the Death Cross signal—which is when the 50-day moving average descends below the 200-day moving average.

This signal usually indicates that momentum has weakened in the recent period, and may open a door to three possibilities:

1️⃣ Deeper descent if strong support breaks below price.

2️⃣ A period of fluctuation and grouping if the price stabilises in a narrow area.

3️⃣ Uprebound if buyers push the price back above important resistance levels

#rsic #support #$BTC