Bitcoin price chart 'death cross' is back, reviving late-cycle fears

BTC price has slid about 35% on average over a month after similar trend line crossovers, keeping downside risk in focus for traders.

Bitcoin (BTC) is flashing a fresh “death cross” on its three-day chart, marking the bearish signal’s first appearance since June 2022.

Key takeaways:

BTC’s death cross raises the odds of a 35% average downside in March.

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