$BTC Bitcoin Just Formed a Death Cross – Is $71K Next?
Bitcoin just printed a death cross—that’s when the 50-day moving average crosses below the 200-day. It’s a classic bearish signal, and it usually means more downside ahead.
Right now, BTC is sitting around $77,899, and the chart doesn’t look too friendly. Support just broke, and unless bulls step in soon, we could be heading straight for the $71,500 zone.
📌Here’s what to keep an eye on:
• Price struggling near the moving averages
• Weak bounces with no volume
• How it reacts around $71.5K support
If buyers don’t show up fast, this could get ugly. Stay sharp out there.
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