Bitcoin: Is This the “Kiss of Death” Signal?

Bitcoin: is this the “kiss of death” signal? There is a signal on the charts sometimes referred to as a “kiss of death”. This requires an initial uptrend and then a sudden drop below support levels like the weekly or monthly 21 EMA, followed by a rally back or near the weekly 21 EMA. When price gets rejected from the weekly 21 EMA and drops down again, that becomes a rather bearish signal. So what is happening currently on the charts of bitcoin? We shall take a look. #Bitcoin #BTC #AlessioRastani

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