Use Death Cross & Python To Determine If Bitcoin Will Have A Huge Sell Off

Bitcoins Death Cross

Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest at your own discretion.

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In this article, I will use python to help determine if Bitcoin (BTC) will have a huge sell off or not.

The death cross is a indicator that shows the possibility for a huge sell off of an asset. It is formed when the long-term moving average (usually 200 days) crosses above the short-term moving average (usually 50 days).

You cannot talk about the death cross without talking about the golden cross as they are two sides of the same coin.

The golden cross is the opposite of the death cross, it is an indicator that show the possibility for a huge upward turn in a market and suggests a long-term bull market. It occurs when the short term moving average (usually 50 days) crosses above the long term moving average (usually 200 days).