Bitcoin News

Bitcoin Key Moving Averages Indicate An Imminent Drop To $38,000

2 days ago

As 2025 came to a close, Bitcoin (BTC) ended on a

As 2025 came to a close, Bitcoin (BTC) ended on a negative note, trading more than 30% below its all-time highs and grappling with the formation of a death cross—a technical indicator that traditionally precedes significant price corrections.

BTC’s death cross formation and historical corrections after similar moves. Source: Ali Martinez on X

The 1-D chart shows BTC’s inability to surpass the key $90,000 resistance wall for the past few weeks. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com

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