Bitcoin, Ethereum, XRP, Dogecoin Gain As Bitcoin Death Cross Sparks End-Of-Bear-Market Debate

Benzinga03:17

Bitcoin extended gains after Robinhood launched its blockchain, with the company touting it as ideal for both real-world assets and meme coins. Notable Statistics: Notable Developments: Trader Notes: ...

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Analysts point to BTCs reclaim of its 200-week moving average and historical performance around previous death crosses as reasons to favor gradual accumulation.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"09042":"华夏比特币-U","03439":"嘉实比特币","TOXR":"21shares XRP ETF","ETHW":"以太坊ETF-Bitwise","ETH":"低成本以太坊ETF-Grayscale","09046":"华夏以太币-U","09179":"嘉实以太币-U","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","XRP":"Bitwise XRP ETF","UXRP":"Proshares Ultra XRP ETF","ETHA":"以太坊ETF-iShares","XRPC":"Canary XRP ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","BTF":"比特币&以太币期货ETF-CoinShares","DOJE":"REX-Osprey™ DOGE ETF","BWOW":"Bitwise Dogecoin ETF","09439":"嘉实比特币-U","BITQ":"Bitwise Crypto Industry Innovators ETF","XRPI":"1倍XRP ETF-Volatility Shares","ETHD":"ProShares UltraShort Ether ETF","09008":"博时比特币-U","YETH":"Roundhill Ether Covered Call Strategy ETF","ETHE":"最大以太坊ETF-Grayscale","TXXD":"21Shares 2x Long Dogecoin ETF","FETH":"以太币ETF-Fidelity","09009":"博时以太币-U","03042":"华夏比特币","EZET":"以太坊ETF-Franklin","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","EETH":"以太币期货ETF-ProShares","XXRP":"2倍做多XRP ETF-Teucrium","CETH":"以太坊ETF-21Shares","BKCH":"AdvisorShares Sabretooth ETF","XRPT":"2倍杠杆XRP ETF-Volatility Shares","03008":"博时比特币","BITW":"Bitwise 10 Crypto Index ETF","BETH":"比特币&以太币期货ETF-ProShares","ARKY":"ARK 21SHARES ACTIVE BITCOIN ETHEREUM STRATEGY ETF","QETH":"以太坊ETF-Invesco Galaxy","XRPZ":"Franklin XRP ETF","ETHT":"ProShares Ultra Ether ETF","IBIT":"比特币ETF-iShares","STCE":"Schwab Crypto Thematic ETF","GDOG":"Grayscale Dogecoin Trust ETF","ETU":"T-Rex 2X Long Ether Daily Target ETF","ETHU":"2倍以太币期货ETF-Volatility Shares","BETE":"等权重比特币&以太币期货ETF-ProShares","ETHV":"以太坊ETF-VanEck","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","AETH":"以太坊策略ETF-Bitwise"},"translate_title":"比特币死亡交叉引发熊市结束辩论，比特币、以太币、XRP、狗狗币上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QETH":1.5,"UXRP":1.5,"ETHW":1.5,"GDOG":1.5,"XRPT":1.5,"ETH":1.5,"CRPT":1.5,"TOXR":1.5,"ETHA":1.5,"AETH":1.5,"LFGY":1.5,"09042":1.5,"09046":1.5,"09179":1.5,"BWOW":1.5,"EETH":1.5,"ETU":1.5,"BEGS":1.5,"03008":0.79,"XRPZ":1.5,"03042":0.79,"YETH":1.5,"ETHU":1.5,"XRPC":1.5,"ETHT":1.5,"BITW":1.5,"BETE":1.5,"GDLC":1.5,"BTF":1.5,"DOJE":1.5,"XXRP":1.5,"ETHV":1.5,"EZET":1.5,"09439":1.5,"09009":1.5,"ETHE":1.5,"IBIT":1.5,"BETH":1.5,"XRP":1.5,"09008":1.5,"BITQ":1.5,"STCE":1.5,"03439":0.79,"BKCH":1.5,"TXXD":1.5,"XRPI":1.5,"CETH":1.5,"FETH":1.5,"ARKY":1.5,"ETHD":1.5},"content_text":"Bitcoin extended gains after Robinhood launched its blockchain, with the company touting it as ideal for both real-world assets and meme coins.\nNotable Statistics:\nNotable Developments:\nTrader Notes:\nTrader Jelle noted Bitcoin is flashing a weekly death cross, a signal that has historically appeared late in bear markets rather than at the beginning.\nThe analyst argues that past occurrences have often coincided with the final stages of Bitcoin’s downturn, suggesting the bear market may be nearing its end. With multiple bullish indicators aligning, he believes starting a dollar-cost averaging  strategy a few weeks ago was the right move.\nTrader Titan said that regardless of whether Bitcoin has already bottomed or has further downside ahead, history suggests accumulating around a weekly death cross has typically been a favorable long-term strategy.\nTrader AshCrypto explained Bitcoin has reclaimed its 200-week moving average, a key long-term bear market support, and is holding above $60,000 after bouncing from $57,000.\nThe analyst says maintaining this level could pave the way for a historically strong July-August rally.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650690165","isCrawlerRequest":true}