Bitcoin is still due to close a daily chart “death cross,” but $62,000 resistance could be key to mitigating the BTC price downside that has followed in the past.
Bitcoin can beat its imminent “death cross” if it flips $62,000 to support, the latest analysis says.
In a dedicated X thread on Aug. 9, popular trader Benjamin Cowen used history to suggest how bulls might avoid a fresh Bitcoin (BTC) price dive.
Recent BTC price action has led BTC/USD to the door of another moving average crossover classically known as a “death cross.”
