Bitcoin is dangerously close to a ‘death cross’ formation that could send it tumbling
|03/18/2018||Posted by BusinessMediaguide.Com under General World News||
- Formerly red-hot bitcoin has seen a large drop from its record highs reached in December.
- The digital coin looks poised to trigger a bearish technical indicator known as a “death cross,” which portends more selling to come.
- Goldman Sachs said earlier this week that bitcoin is at risk of taking out its February lows.
Bitcoin is flirting with disaster.
The formerly red-hot cryptocurrency has seen a precipitous decline from record highs reached in December. And the loss has gotten so pronounced that it’s threatening to trigger the so-called “death cross,” a bearish indicator used by read more >>>