#bitcoin is approaching the "cross of death". What does that mean?

Analysts note that #BTC is preparing to form a death cross - the intersection of a 50-day moving average with a 200-day top-down.

Previously, such signals sometimes led to rebounds even in the bull market, but at the end of the 4-year cycles the picture was different: 2014, 2017 and 2021 were accompanied by noticeable corrections after the appearance of the "cross of death". Now BTC is approaching this level again.

If bitcoin can update ATH after crossing, it will be a signal that the classic four-year cycle - for the first time in history - may be broken.

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