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A Death Cross Could Be In The Cards For BTC In Coming Days

Published 12/22/2022, 03:49 AM
Updated 12/22/2022, 04:00 AM
© Reuters A Death Cross Could Be In The Cards For BTC In Coming Days
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  • BTC saw a 0.15% drop in price over the last 24 hours.
  • A crypto influencer is concerned about BTC.
  • A death cross could be a reality for BTC in the near future.

The crypto market leader, Bitcoin (BTC), has made it onto CoinMarketCap’s trending list despite being in the red for the day so far. According to the crypto market tracking website, BTC saw a 0.15% drop in price over the last 24 hours to now trade at $16,816.59, after reaching a low of $16,755.91 over the same time period.

When looking at the longer time frames, we see that BTC is still in the red by more than 5% over the last week but is, however, still up by about 7.15% over the last thirty days.

The crypto king also weakened against its biggest competitor in the market, Ethereum (ETH), by about 0.15% throughout the last day. Also in the red zone is the crypto’s 24-hour trading volume, which now stands at $14,032,642,274 after a more than 24% decrease.

Unfortunately, things could get much worse for BTC in the coming days. A well-known crypto influencer who goes by the name of “Bleeding Crypto” took to Twitter early on December 22 to share his opinion about what could happen with the price of BTC in the near future.

The post A Death Cross Could Be In The Cards For BTC In Coming Days appeared first on Coin Edition.

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