frontrunbitcoin on Nostr: Based on the current trend, the 50-day moving average is projected to cross below the ...

Based on the current trend, the 50-day moving average is projected to cross below the 200-day moving average on April 7, 2025 — a classic death cross signal on the daily chart.

While this can suggest short-term bearish momentum, keep in mind:

It often lags price action

In bull markets, it can be a fake-out or mark local bottoms #astrology #plebchain #btfd