Bitcoin eyeing $36,000 drop as major crash signal forms
Bitcoin (BTC) may be facing a significant correction after a key bearish technical signal emerged on the three-day chart, raising the possibility of a move toward the $36,000 level. According to insights from TradingShot in a TradingView post on March 6, this outlook stems from the fact that the cryptocurrency has formed a death cross on the three-day timeframe. Bitcoin price analysis. Source: TradingView Notably, the pattern occurs when the 50-period moving average (MA50) falls below the 200-period moving average (MA200)
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