Explainer: ‘Death cross’ chart formation adds another worry to bitcoin outlook

Explainer: ‘Death cross’ chart formation adds another worry to bitcoin outlook

Bitcoin
June 22, 2021 by Bobby Chaim
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Bitcoin, the world’s biggest cryptocurrency, has long experienced volatility. Crucial for bitcoin will be its ability to hold above its May 19 low of $30,066, which is an initial target for bears. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.
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Bitcoin, the world’s biggest cryptocurrency, has long experienced volatility.

Crucial for bitcoin will be its ability to hold above its May 19 low of $30,066, which is an initial target for bears.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

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