Bitcoin is approaching a market pattern known as a “death cross” after experiencing one of the worst price slides in recent years. The cryptocurrency dipped below $40,000 on Monday following seven straight days of losses, marking the longest losing streak since August 2019 and the worst start to a year since 2012. Bitcoin is currently trading at its lowest price level since September 2021, when the opposite of the death cross occurred, with the appearance of a golden cross. What is your prediction on Bitcoin near future performance ?
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