Bitcoin is nearing a 'death cross' on the charts. Here's what it means

Bitcoin has gone bust, tumbling below $ 8,000 this week. There's something in the charts that could have investors hitting the panic button. Bitcoin's chart shows that the cryptocurrency is nearing a "death cross." A death cross is a term used to describe a cross-over of the 50-day moving average and the …
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Bitcoin Price Falls Sharply After Nearing a $2800 All-Time High (news.bitcoin.com)

After rising exponentially for three solid days, bitcoin prices fell sharply on Thursday afternoon dropping over $ 500 in a four-hour period. The price has rebounded since the drop hovering above a $ 2300 per BTC average across global trading platforms.
Also read: Leading Japanese ATM Manufacturer Oki Gets into Bitcoin ATM Business

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Bitcoin Price Analysis: Nearing a Bubble…but We’re Not There Yet (bitcoinmagazine.com)

Bitcoin has now shown about eight weeks of consecutive buying, leading into new all-time highs (ATHs) for the past three weeks. Trying to stay objective with mild to extreme euphoria in times like this can be difficult. As someone who was a new trader during the 2013 bubble, the chart is beginning to look very similar.Market capitalization and trading volume both on exchanges and over-the-counter markets have hit ATHs as well. Despite being in price discovery mode, there is an established,…

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