Bearish Bitcoin from the perspective of Moving Average

Here is another view of the Bitcoin chart. The MA 200 and MA 50 made a cross. This usually results in a longer term of drop as already seen between march and april 2018.

I don't want you to take the red arrows as targets. That's the reason why I did try to keep them shorter than they are or maybe will be. There are many possible targets. For now, Let's say lower than 7k and that we are bearish.