Bearish Cross Hints at More Losses Ahead for Bitcoin Price ByOmkar GodbolePRO INVESTOR Updated: 04 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. A bearish crossover between key moving averages on the monthly chart indicates scope for a deeper drop in bitcoin.