The 200 day ma is about to cross below the 300 day ma, an event that bitcoin has not seen since August 2014, preceding a massive plunge with over 70% loss. Since then, the 200 day ma has been above the 300 day ma from November 2015 for roughly 1000 days. There is no doubt that the crossing of these two moving averages should trigger a strong warning for bitcoin bulls.
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