DNA Explainer: Why you should not invest in Bitcoin
If you think this is just another volatile week for cryptocurrencies, Bitcoin has just entered a selling trend that observers call the ‘death cross'.
Bitcoin, the leader of the cryptocurrency pack, may have suffered a death blow to its quest for credibility. The cryptocurrency saw massive selling as its price fell by more than 10 percent.
The initial trigger was China further cracking down on Bitcoin mining and economic activity. But what’s more alarming is a dangerous phenomenon that is in the offing for bitcoin investors - the death cross.
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