Bitcoin (BTC) Mini-Death Cross Originates, Key XRP Breakthrough Turns to be Fakeout? Dogecoin (DOGE) Only Top Asset Didn't Do It

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Bitcoin's Recent Recovery Faces Headwinds

Despite a recent recovery attempt, Bitcoin is facing a potential setback. Currently trading at $87,124, down 0.44% for the day, Bitcoin has formed a mini-death cross—an intersection of the 50 and 100-day EMAs—often signaling a potential trend reversal and weakening momentum. This crossover, in markets lacking the volume to sustain rallies, usually indicates increasing bearish pressure in the medium term. However, Bitcoin's price action, characterized by higher lows and a strong bounce from the 200-day EMA near $85,500, presents a more complex picture, despite the declining slope of both moving averages. Previous：Without Next：Without