“The NASDAQ and S&P have been making new all-time highs for multiple years,” he says, while the Russell “barely broke out to a new all-time high a few weeks ago.” In other words, crypto’s underperformance is not isolated. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets. Some market observers suggest the cryptocurrency could test its April bottom of $74,500 if selling pressure continues. CryptoQuant analyst IT Tech emphasized that short-term selling often indicates a local bottom if prices quickly recover above the cost basis.
This shows that some are still expecting higher prices long-term despite short-term risks. “If the 4-year cycle is still in play, $BTC will dump to $40,000 in two weeks.” ⚠️ #Bitcoin has printed a 2-day death cross in a historically important position. It’s a pattern that many traders view as a bearish sign. This occurs when the 50-period moving average crosses below the 200-period moving average.
The 50-day moving average for bitcoin at $110,669 is now on the verge of slipping below the 200-day moving average at $110,459, potentially triggering the death cross. BTC is at key support, and while momentum is weak, a confirmed bear market depends on deeper breakdowns and sustained selling. Another bearish daily close cloud further raises the possibility of a bearish weekly close, which could strengthen the bearish case for the BTC price rally. Their inability to defend the interim support validates the bearish claim and raises concerns over the next price action. The current price represents a 50% haircut from those highs—and prediction market traders clearly don’t expect a recovery anytime soon.
If the cycle is not over, however, the market should show a meaningful bounce within days. If the top is indeed behind us, Bitcoin likely heads lower before eventually rallying to the 200-day moving average, a move that would set a lower high and reinforce the start of a broader downtrend. Market analyst Subu Trade added historical context, pointing out that after prior death crosses, in April 2025 and September 2023, Bitcoin delivered positive performance across timeframes ranging from one week to one year. At the same time, BTC’s price action has weakened, with the increase in inflows aligning with sharper intraday swings. Exchange supply has edged higher as these coins arrive, signaling that holders are transferring BTC out of cold storage and into markets where it can be sold or redeployed.
The Squeeze Momentum Indicator is off but pointing downward, suggesting the selling pressure isn’t done. The Relative Strength Index, or RSI, is likewise measured on a 0 to 100 scale and gives a sense of momentum, with scores above 70 signally overbought and below 30 oversold. Bitcoin’s Average Directional Index, or ADX, sits at 30.5, almost 3 points below yesterday’s readings, showing that the bullish bounce is losing steam rapidly. That dotted white line on the chart below? Meanwhile, 90% of the money betting on a new Solana all-time high before July is saying “no.”
As Cointelegraph reported, Bitcoin’s SuperTrend indicator also sent a bearish signal on the weekly chart, an occurrence that has historically marked the start of a bear market. Rekt Capital was referring to Bitcoin’s drop below key support lines, even as the price slid below the 100-week moving average to reach a six-month low of $80,500 on Friday. Long-term bitcoin holders resume selling as price lags behind traditional markets The chart below shows SOL has also sliced through its 200-day EMA with authority, and the technical indicators are flashing bearish across the board. If Bitcoin is indeed in bear territory, as CryptoQuant CEO Ki Young Ju believes, the current death cross could signal 6 to 12 more months of canadian forex brokers downward price action. The 50-day moving average remains below the200-day moving average, a bearish configuration that historically precedesextended declines.
Since its inception, Bitcoin has experienced 10 such death crosses, with the 11th unfolding right now. By definition, a death cross confirms the end of a bullish phase. Early signs luno exchange review of capitulation from short-term holders may already be emerging.
Instead, 2023–2025 has featured long pauses of 114 to 174 days, with price grinding sideways-to-down before pushing higher again. This market, he stresses, has not behaved like 2017 or 2020–2021, when vertical advances never allowed the 50-day to undercut the 200-day during the advance. “Remember, moving averages are lagging indicators … the move that caused the cross has already occurred.”
Investors who boldly exploit volatility through disciplined strategies like put-selling and LEAP reinvestment will thrive amidst chaos, turning panic into profit. Escaping herd mentality cultivates independence, discipline, and original thought, equipping investors to navigate life’s challenges fearlessly. They understand that market behaviors result from intricate interactions between psychology, macroeconomics, technological innovation, and sociocultural forces. This approach exemplifies vector thinking—embracing market dynamics as nonlinear, interconnected systems where volatility, fear psychology, and strategic timing interact synergistically. One particularly powerful strategy for exploiting fear-driven volatility is strategically selling put options when panic surges. By resisting herd mentality and maintaining rational analysis, investors can spot undervalued assets hidden beneath panic-induced distortions.
Moreover, another analyst, Titan of Crypto, posted that Bitcoin is still moving inside a rising wedge that has been developing for years. The last 3 times this happened (2014, 2018, 2022), $BTC fell 50–70%. In 2014, 2018, and 2022, the same death cross appeared in a similar position. A newsletter built for market enthusiasts by market enthusiasts. If selling resumes, the next area where buyers are statistically likely to respond sits near $75,000 to $77,000, where prior demand and untested liquidity align.
Bitcoin isfalling for the sixth consecutive session (longest streak since November 2024),dropping to $89,369 on January 20, 2026, driven by Trump tariff threats onEuropean nations and risk-off sentiment. “As a result, BTC is likely to stay below the $100,000 levelfor the time-being.” “Thekey factors on BTC moving higher will be US policy driven so I expect until wesee conditions improve (lower IRs) and less tariff rhetoric,” Howardconcludes.
This makes this flag a high-probability pattern and provides an attractive entry for a short-term trade. The most likely target for BTC in the near term would be $84,000, meaning a 3.4% downside risk. This breakout confirms the flag’s bias and could indicate that the market is ready to move to lower levels. If history repeats, this would mean that the price could collapse to $36,000, as we initially predicted back in a BTC price prediction piece from November 28. Back then, the price dropped from around $40,000 to $16,00, resulting in a 60% loss in just 7 months.
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As Cointelegraph reported, short-term holders have been panic-selling their Bitcoin holdings at a loss, adding fuel to analysts’ predictions that the BTC price will extend its downtrend toward its April bottom of $74,500. Onchain data provider Glassnode shared a chart showing that Bitcoin’s aggregate realized losses by both short-term and long-term holders have surged to areas above $800 million on a seven-day rolling basis. The decisive stage is whether price can then clear the stack — “our 200 SMA, our 200 EMA, our 100 EMA, and even this 50 SMA” — and convert the $106.8k weekly close level back into support.
On April 6, Bitcoin price formed a death cross on a daily chart — a technical pattern where the 50-day moving average (MA) falls below the 200-day MA. I still maintain my medium-term downside target for Bitcoin around$74,000 (April 2025 lows, matching the year low of $74,420), and in a morebearish scenario, Iexpect declines to $68,000, as mentioned in my weekly moving average chartanalysis. The bitcoin death cross is both a legitimate bearish signal and an exaggerated source of investor panic, vividly embodying this inherent market contradiction. This price action adds weight to the looming “death cross” – a bearish pattern characterized by the 50-day simple moving average (SMA) edging Binance cryptocurrency exchange below the 200-day SMA.
Data from Glassnode indicates that the “death cross,” a technical analysis term that may indicate a bearish signal, is imminent for bitcoin. Bitcoin’s SuperTrend indicator recently sent a bearish signal on the weekly chart, an event that has historically marked the beginning of bear markets. Long-term bitcoin holders are selling at the fastest pace since August as the cryptocurrency’s price lags behind broader financial markets. Glassnode data shows that bitcoin’s “death cross,” a technical analysis term that may indicate a bearish signal, is imminent, but with a catch. Bitcoin has printed a “death cross” on the daily chart as its 50-day moving average falls below the 200-day line, reviving debate over what comes next for the market.
Bitcoin’scurrent price of $89,369 represents a 3.44% decline from yesterday’s close of$92,559, with the cryptocurrency testing a day low of $89,162, the weakestlevel in two weeks. He now plots a similar path from the current cycle high, with Bitcoin breaking below its key moving average and then sliding into a green support box that covers the $57,000–$37,000 band. Ultimately, mastering the dynamics surrounding the bitcoin death cross and other market extremes empowers investors intellectually, emotionally, and financially. They tend to be good predictors of the direction of an asset’s price trend, and, in this case, this sell candle may have marked the start of BTC’s current bearish cycle. Bitcoin BTC$89,917.94 is under selling pressure in Asian trading hours after bulls failed to break and hold above $107,250, the lower end of the multi-week sideways range that resolved bearishly earlier this month. BTC is trading below the 50-day and 200-day averages, but the distance between price and short-term averages is no longer widening, a common early signal of downside exhaustion.
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