Tuesday 25 April 2023

Will Bitcoin TRIGGER the Kiss of Death Signal This Year in 2023?

Will bitcoin trigger the kiss of death of signal this year in 2023? Since the major drop last year in 2022, bitcoin has managed to rally to the 30K and monthly 21 EMA in the past several months. What could this mean? Well, there is a technical signal called the "kiss of death" (or KOD) which, if triggered and confirmed, could lead to a significant crash and bearish decline in bitcoin this year. But how likely is it for bitcoin to trigger this "KOD" signal this year and what could it mean? What is the more likely scenario and path for bitcoin this year in 2023 and why? Also, what is the outlook for ethereum? We look at the charts and explain. Video by Alessio Rastani.



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