Bitcoin (BTC) 'Death Cross' Appears on Rare Indicator: What Happens Next?
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Bitcoin is experiencing a bearish technical signal with the MVRV (Market Value to Realized Value) Death Cross, suggesting potential further price decline. The cryptocurrency fell 2.31% to $81,449, with indicators pointing to possible support levels around $74,000 and $71,000. Investor behavior shows accumulation zones and thin support, indicating a cautious market sentiment.
March 31, 2025 | 10:45 am
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MVRV Death Cross indicates weakening short-term momentum and growing downward pressure for Bitcoin. Current price support levels are thin, with potential structural support around $74,000 and $71,000.
The MVRV Death Cross is a bearish technical signal that historically precedes price declines. Combined with current market indicators showing thin support and potential correction, this suggests downward price movement for Bitcoin.
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