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What Happened: Cowen explained in a recent podcast that the pattern has played out again as Bitcoin rallied from $77,000 to $91,000 since the death cross occurred. The technical event, which ...
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The S&P 500 and Nasdaq 100 just experienced a chart pattern known as a "death cross." It occurs when the 50-day moving average crosses below the 200-day moving average. The formation has ...