That said, the technical indicatorโs past record as a predictor of bear markets is mixed. According to research by Kraken, many of bitcoinโs previous death crosses, including those seen in 2014 and 2018, coincided with โeither a sell-off in the days that followed or a continued macro downtrend that confirmed a bear market.โ
Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year
