Bitcoin fall below $9 thousand, death was faced with the cross (death).Death cross, an entity moving average short term moving average falls below the long-term means.Usually in this case, having been confirmed in some indicators, the market could return to the market as a sign of the evaluation while others death cross is a bear trap and says there could be a good sign.Bitcoin can be seen in the following chart and hadn't fallen below yet to 50 day moving average, 200 day moving average.
In recent months, the 50 day moving average, 100 day moving average had fallen to the bottom of.If 200 day moving average if a regression to the bottom of this will be a first since 2015 for Bitcoin.In the meantime, suggesting that this incident is not so bad, there's some technical signals.200 day moving average is still rising. In addition to be higher than the bottom point of April from February with Bitcoin, ' higher low '.
