$BTC
On-chain Death Cross Alert
The 30-day volume-weighted price of BTC has fallen below the 180-day moving average, indicating a significant loss of short-term momentum. Historically, after such a bearish cross occurs, the following 3 to 6 months usually show a downward or sideways trend.
Although Bitcoin is currently performing much stronger than the US stock market, it is possible for it to catch up with losses at any time.