Popular crypto analyst Lark Davis posted a video analysis of Bitcoin. Davis focused on analyzing the top crypto’s price charts and technical indicators after saying,
Imminent death cross
Davis proceeded to look at Bitcoin’s price charts. Based on the current price trajectory, Davis believes Bitcoin is likely to form a death cross. A death cross is a lagging market indicator, and a bearish sign that Davis thinks is likely to form in about 10 days.
Davis added that to avoid or reverse the death cross BTC price needs to go up by $10000 which is unlike…
This article was first published on coinquora.com