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tron
TRON (TRX) $ 0.063027
bitcoin
Bitcoin (BTC) $ 23,008.16
ethereum
Ethereum (ETH) $ 1,567.96
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 305.30
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.409232
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.087741
cardano
Cardano (ADA) $ 0.381665
solana
Solana (SOL) $ 23.94
matic-network
Polygon (MATIC) $ 1.14
polkadot
Polkadot (DOT) $ 6.36
tron
TRON (TRX) $ 0.063027
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HomeCoinsBitcoinA Loss of life Cross May Be In The Playing cards For...

A Loss of life Cross May Be In The Playing cards For BTC In Coming Days

  • BTC noticed a 0.15% drop in value during the last 24 hours.
  • A crypto influencer is worried about BTC.
  • A dying cross may very well be a actuality for BTC within the close to future.

The crypto market chief, Bitcoin (BTC), has made it onto CoinMarketCap’s trending record regardless of being within the pink for the day thus far. In response to the crypto market monitoring web site, BTC noticed a 0.15% drop in value during the last 24 hours to now commerce at $16,816.59, after reaching a low of $16,755.91 over the identical time interval.

When trying on the longer time frames, we see that BTC remains to be within the pink by greater than 5% during the last week however is, nevertheless, nonetheless up by about 7.15% during the last thirty days.

The crypto king additionally weakened in opposition to its greatest competitor out there, Ethereum (ETH), by about 0.15% all through the final day. Additionally within the pink zone is the crypto’s 24-hour buying and selling quantity, which now stands at $14,032,642,274 after a greater than 24% lower.

Sadly, issues may get a lot worse for BTC within the coming days. A well known crypto influencer who goes by the identify of “Bleeding Crypto” took to Twitter early on December 22 to share his opinion about what may occur with the value of BTC within the close to future.

Bitcoin/US Greenback 1w (Supply: TradingView)

In response to the submit, BTC may very well be staring a dying cross within the face as its 50-day Exponential Shifting Common (EMA) line may very well be crossing over the 200 EMA line. This may very well be a really vital occasion, as this has by no means occurred within the historical past of BTC. The influencer concluded his submit by stating that it’s “humorous” that not many individuals are speaking about this risk for the crypto king.

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Disclaimer: The views and opinions, in addition to all the data shared on this value evaluation, are revealed in good religion. Readers should do their very own analysis and due diligence. Any motion taken by the reader is strictly at their very own danger. Coin Version and its associates is not going to be held answerable for any direct or oblique harm or loss.

CoinsTeacher

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