Analysis: Bitcoin technical indicators show a death cross, previously warning of the "final market decline" in earlier cycles.

BTC-0.96%

ChainCatcher news, analyst @alicharts recently stated that the death cross of the 50-day and 200-day simple moving averages on Bitcoin’s 3-day K-line chart occurred on February 27. Historically, such signals often indicate the final decline phase of a bear market.

The article references historical data since 2014, noting that after this indicator appears in each Bitcoin bear market, the price typically drops about 50%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Approximately 9.09 million BTC are currently in a loss.

Odaily Planet Daily reports that, according to CryptoQuant analysis, approximately 9.09 million BTC (accounting for 46% of the circulating supply) are currently in a loss.

GateNews5m ago

Bitcoin Vs Gold Is OVER – Bitcoin Is Secretly 66% Undervalued

Samson Mow, the CEO of Jan3, has dared to make a statement regarding the current position of Bitcoin. He says that Bitcoin is selling at a great discount against its past association with gold and the liquidity of the world markets. In his opinion, Bitcoin is positioned 24-66 percent below the

Coinfomania8m ago

Over $9 billion in funds flowed out of Bitcoin and Ethereum ETFs within four months

U.S.-listed spot Bitcoin and Ethereum ETFs have experienced record outflows over the past four months, with institutional interest in digital assets significantly declining. The Bitcoin ETF has seen a net outflow of $6.39 billion, and the Ethereum ETF has seen outflows of $2.76 billion, leading to sharp declines in the prices of both tokens.

GateNews38m ago

Every war institution uses the same trick! Investment bankers analyze the "Three Stages of Capital Flow": Don't buy in during panic.

After the US-Iran conflict, retail investors suffered losses due to panic selling, while institutions adopted a steady approach. The article analyzes the historical market volatility patterns during wars, highlighting the long-term potential of high-quality companies and sectors such as energy and military industries. It advises investors not to panic and sell in the early stages, but to wait patiently for opportunities to readjust their portfolios.

動區BlockTempo38m ago

Oil Shock Risk Poses Liquidity Selloff Threat to Bitcoin Markets

Analysts are warning that escalating tensions around the Strait of Hormuz could trigger a chain reaction through global markets, potentially leading to a liquidity-driven selloff in Bitcoin and other cryptocurrencies.

CryptopulseElite41m ago
Comment
0/400
GateUser-19134c7avip
· 2h ago
It's over.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)