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Bitcoin is dangerously close to a ‘death cross’ formation that could send it tumbling





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  • 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 >>>

Source:: BusinessInsider.Com

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