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Will this time around be different? Bitcoin eyes go down to $35K as BTC price paints ‘death cross’

< img src ="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvM2FhZjYwY2UtMWI1ZS00NGRhLWEyODMtNDdjYjQwOGExN2VkLmpwZw==.jpg"> While current bearish crossovers between Bitcoin’s 50-day and 200-day

exponential moving averages failed to press prices lower, this time can be various.

The pattern appeared as Bitcoin went through a harsh ride in the previous 2 months, falling over 40%from its record high of $69,000. Previous fatality crosses

were insignificant to Bitcoin over the past two years. BTC/USD everyday rate graph featuring fatality cross. As an outcome, the total reduction in money liquidity, coupled with the fatality cross development, could cause additional selloffs in the Bitcoin market. Source: TradingView However, a

break listed below$40,000 might run the risk of sending the Bitcoin rate to the following Fib line support near$ 35,000.