Bitcoin Death Cross Ahead? Brace for the Drop!

Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. With selling pressure increasing by the hour, the volume of realized losses has risen to levels not seen since the 2022 FTX collapse.

Why XRP Is Going Down Today? The Ripple-Backed Cryptocurrency Price Slides for a 13th Out of 14 Days

BTC falls below key moving averages, forming a death cross for the first time since January 2024. Historical cycles indicate that Death Crosses during bull markets often precede rallies toward new all-time highs. In technical analysis, a Death Cross occurs when short-term price momentum falls below long-term trends, signaling potential downward pressure. Historically considered a bearish technical signal, the event has sparked fresh debate among traders and analysts. The Bitcoin (BTC) price action triggered a Death Cross on Sunday, November 16, after its 50-day moving average dipped below the 200-day moving average. The April correction was both deeper and longer than the current correction, with bitcoin falling about 30% from the January peak near $109,000 and spending around 79 days trending lower before bottoming in the first week of April.

• As I show on my chart, Bitcoin trades 15.5%below 200 EMA ($105,731) with death cross active since November 16.
• BTC is at key support, and while momentum is weak, a confirmed bear market depends on deeper breakdowns and sustained selling.
• After marking daily close below $100K for the first time in 5 months, the buyers were expected to step in.
• 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.
• Lofty, another market watcher, suggested that the current cycle looks almost identical to 2021.
• This makes this flag a high-probability pattern and provides an attractive entry for a short-term trade.

Crypto Crew University reported that Bitcoin has printed a 2-day death cross. Over the past 24 hours, the price has dipped slightly, while the 7-day change shows a drop of 7%. Bitcoin ($BTC) is trading at around $89,000 as of press time. That environment differed from earlier cycles, with ETF-related demand and institutional flows playing a larger role in price formation. Sigel reviewed every Bitcoin death cross dating back to 2011 and described the indicator as a lagging signal rather than a forward-looking warning. The setup has resurfaced at a time when price momentum has cooled and macro uncertainty remains elevated.

WisdomTree expands tokenized fund access to Solana in multichain push

The next major support zone lies near the $80,600 Fibonacci level visible on the daily chart. The Fibonacci levels between the all-time highs and the minimum price reached in late November are a solid reference and have been respected throughout since then. Price support, though, is not established by short-term momentum, but long-term analysis. More importantly, the king of crypto has broken below an ascending trendline that had been providing support since the December lows. That means that “golden cross” formation BTC painted on the charts just a few days ago has now been invalidated. Butterfill’s data shows that, on average, Bitcoin prices are only slightly lower one month after a death cross (-3.2%) and often higher three months out.

For specific availability details, please contact Our onboarding process is efficient and straightforward, typically completed within a week, while upholding robust KYB standards. OneSafe services are ideal for businesses looking for a crypto-friendly financial platform.

Bitcoin Technical

Bitcoin (BTC) may have confirmed its entry into a bear market after the price dropped to $80,000 on Friday. “Almost 100% of the time when a death cross occurs, you do get a retrace back up into your moving averages,” Kevin says, adding that the key question is whether Bitcoin’s bounce merely tags that cluster or reclaims it with authority. “This cycle we have seen these consistent, right, 150, 160-plus days of corrective periods … and with that causes the moving averages to act differently,” he says. Bitcoin is days from printing another daily “death cross” — the 50-day simple moving average slipping beneath the 200-day — but analyst Kevin (Kev Capital TA) argues the label misleads more than it informs.

The strongest declines are observed todaywhen Bitcoin loses over 3.4% and tested the level of just $89,162. Bitcoinprices are falling for the sixth consecutive session, which is the longest suchlosing streak since November 2024. “This ran in the face of the $1.4 billion inflows BTC ETFs sawlast week and indicates breaking $100,000 activtrades review is going to be far more macro-ledthan previous rallies,” Howard explains.

Disciplined Boldness: Navigating the Paradox of Risk and Reward

Fous bases the forecast on previous cycle drawdowns and Fibonacci retracement levels. Those moves came while the broader trend still leaned bullish and before a clear market peak formed. Ultimately, visionary cryptocurrency broker canada empowerment emerges from confronting fear directly, resisting herd panic, and harnessing market extremes as catalysts for growth.

In the past 4 days alone, nearly $2.1 billion worth of long positions have evaporated as BTC finally broke out of its consolidation and lost the psychological $90,000 support. Over $750 million worth of crypto long positions have been wiped out today as BTC drops below $88,000. After a positive start in 2026, Bitcoin (BTC) has booked a 10% loss in the past 7 days as President Donald Trump’s comments once again derailed cryptos’ attempt to recover. A convincing break above $107,250 is necessary to negate the bearish case and give bulls a path back to the upside.

Daily Debrief Newsletter

Moreover, Coinbase’s chart now has some bearish features that reveal more recent technical damage. In conclusion, the bitcoin death cross represents both danger and profound opportunity—an intense market paradox. In contrast to the frightened masses, contrarian investors thrive on fear-driven events such as the bitcoin death cross.

• Bitcoin has historically recovered from death crosses, though the path often involves significant volatility and extended consolidation periods.
• XRP transitions from speculation to utility with Flare’s Hyperliquid integration, enhancing liquidity and institutional participation in crypto markets.
• The price recently touched the upper trendline and has since pulled back.
• 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.
• “Thisran in the face of the $1.4 billion inflows BTC ETFs saw last week andindicates breaking $100,000 is going to be far more macro-led than previousrallies,” explains Howard from Wincent.
• “This ran in the face of the $1.4 billion inflows BTC ETFs sawlast week and indicates breaking $100,000 is going to be far more macro-ledthan previous rallies,” Howard explains.

Glassnode data shows that short-term holders are responsible for the majority of these losses. Realized losses have surged above $800 million on a seven-day rolling basis, reaching levels not observed since the FTX exchange collapse in November 2022. This adds weight to concerns that the cryptocurrency may mercatox review face extended downward pressure in the coming months.

Explore crucial insights on crypto custody options with the SEC’s essential guide for retail investors, balancing self-custody and third-party risks. The SEC’s new guidance revamps crypto custody regulations for broker-dealers, emphasizing risk management and compliance amid evolving digital asset trading landscapes. Dunamu’s renewal of Upbit’s VASP license secures user trust in South Korea’s crypto market by ensuring regulatory compliance and robust security measures.

Accordingto my technical analysis, Bitcoin has once again fallen below both the 50 EMA(at $90,298) and 200 EMA (at $105,731), clearly suggesting a downtrend withimmediate targets at $84,000 consolidation lows and extreme downside risk of-40% to $50,000 based on Fibonacci extensions. A quick reclaim of ~$103,000 would reset the odds back to even, but a second weekly close below the 50-week MA would point strongly toward a confirmed top. Analysts often view these surges as signs of rising short-term risk, since large wallets typically move funds onto exchanges before executing trades. After the projected low in late 2026, Fous expects Bitcoin to base at those Fibonacci levels and then grind higher toward new all-time highs. His chart highlights how earlier peaks in 2018 and 2022 were followed by long declines that lasted roughly 12 to 14 months and retraced into the 0.5–0.786 Fibonacci range.

After printing consecutive lower highs and lows, the price marked an intraday low at $96,712. But the indecisiveness among them has triggered more bearish action, driving the levels below $97,000. When Bitcoin breaks below this level with a candle that has a big body and minimal wicks—exactly what we saw today—it typically signals more pain ahead before buyers step in.