TeraWulf Stock Tanks: Death Cross Spells Trouble For Bitcoin Miner

TeraWulf Inc. (NASDAQ:WULF) hit a technical roadblock, forming a Death Cross — a classic bearish signal that suggests trouble ahead.

Despite an eye-popping 102% revenue surge, the stock has been in a free fall, shedding over 43% year to date and 35% in the past month alone.

Investors are now left wondering: is this a moment of capitulation, or could WULF stock stage a surprise rebound?

Chart created using Benzinga Pro

Death Cross Spells Trouble

The Death Cross occurs when a stock’s 50-day simple moving average …

Full story available on Benzinga.com

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