Can Bitcoin bulls avoid the cycle’s fourth ‘death cross’ at $102K?

2 hours ago

Key points:

Bitcoin faces an important play adjacent with respective cardinal terms levels connected the line.
The bull market’s aboriginal is inactive astatine stake, a trader says, amid ongoing whale selling.
Risk assets should summation from a simplification successful US commercialized tariffs oregon the extremity of the authorities shutdown.

Bitcoin (BTC) wedged itself successful a constrictive scope up of a cardinal play adjacent with $100,000 enactment astatine stake.

BTC terms counts down to large play close

Data from Cointelegraph Markets Pro and TradingView showed BTC terms inertia characterizing play trading.

Volatility was lacking, but marketplace participants were keen to spot however the play candle would close.

“Key level of the week: $103.5K,” trader Titan of Crypto wrote successful a post connected X.

Titan of Crypto based the value of that terms constituent connected Fibonacci retracement levels, with the bull marketplace perchance astatine stake.

“A play adjacent beneath isn’t dramatic, but a confirmed breakdown adjacent week would awesome the bull marketplace is apt over. Not determination yet,” helium added.

Others eyed a adjacent supra the 50-week exponential moving average (EMA), presently astatine $100,940, arsenic a motion of strength.

“We don’t privation a play adjacent beneath this astatine immoderate cost,” trader Max Crypto warned.

The hazard of a “death cross” involving elemental moving averages (SMAs) connected the regular chart, meanwhile, was of involvement to trader SuperBro.

Such a script occurs erstwhile the 50-period SMA crosses beneath the 200-period equivalent.

“The 4th ‘death cross’ of the bull rhythm is approaching. Each clip we’ve seen reversion to the mean and a sustained bottom,” helium told X followers connected the day.

“But truthful far, a lukewarm absorption astatine the 365 SMA. Let's spot if bulls tin get it unneurotic and reclaim the Q3 debased for the play close.”

Bitcoin expert sees “expansion” if US gov’t shutdown ends

Beyond illustration signals, crypto markets hoped for affirmative quality connected the US authorities shutdown.

Anticipation that lawmakers would instrumentality steps to extremity the impasse was increasing, arsenic its effects became much problematic for the US economy.

Additionally, expectations were that the US Supreme Court striking down planetary commercialized tariffs — a determination owed soon — would provide an instant boost to stocks.

“If the US authorities shutdown ends, we could spot an enlargement soon,” Cas Abbe, a contributor to onchain analytics level CryptoQuant, summarized.

Abbe uploaded a illustration to X, which suggested that the extremity of the shutdown could besides people the extremity of a “manipulation” signifier for BTC terms action.

Crypto capitalist and entrepreneur Ted Pillows was cautious, predicting that BTC terms could endure if marketplace expectations were not satisfied soon enough.

“BTC is inactive consolidating astir the $102,000 level. The markets were expecting the extremity of the authorities shutdown this weekend, but it didn’t happen,” helium stated.

“I inactive deliberation Bitcoin could spell a spot lower, fixed that organization request has gone and OG whales are selling.”

Bitcoin whales, Cointelegraph reported, person produced sustained selling unit throughout 2025.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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