Bitcoin Approaches Its Fourth Death Cross Of The Cycle As Prices Threaten To Fall Below $90,000 ⋆ ZyCrypto

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Traders are watching with bated breath as the Bitcoin price threatens to sink below the $90,000 mark, despite logging impressive ETF inflows. Amid the unsavoury price performance, on-chain data reveals that Bitcoin is nearing the fourth death cross of the cycle, signifying a bottom for the asset.

Bitcoin’s Death Cross Offers Buying Opportunity For Consumers

On-chain data indicates that the Bitcoin price is approaching a death cross in the coming days, with the 50-day moving average crossing below the long-term moving average. CoinDesk Senior Analyst James Van Straten highlighted the forming trend in an X post, noting that the forming death cross will be the fourth for Bitcoin in this cycle.

According to Straten, previous death crosses have marked a major bottom for Bitcoin price, contrary to expectations. Typically, a death cross indicates bearish momentum, meaning that short-term trends are weakening in comparison to long-term trends.

The CoinDesk analyst goes on to highlight instances of death crosses for BTC, pointing to September 2023, August 2024, and April 2025. A bird’s eye view of the charts reveals that the price of Bitcoin bottomed right after the death cross with Straten, suggesting that the incoming death cross is a buy signal for investors.

“Bitcoin is about to have its fourth death cross of the cycle. Each one has marked a major bottom,” wrote Straten on X.

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Despite his bullish suggestions, critics have warned that investors’ sentiment differs from that of the three previous death crosses. Cryptocurrency analyst Kyledoops noted that previous death crosses came with investors scrambling to “buy the dip,” adding that the general consensus is that BTC has peaked during the cycle.

“Only difference this time is that the last three showed up when everyone was screaming “buy the dip,” said Kyledoops. “Now most think the top’s already in.”

However, technical indicators have received criticisms for failing to accurately predict major price moves, describing them as lagging indicators. Meanwhile, claims of Bitcoin’s traditional four-year cycle coming to an end have gathered steam as experts forecast steady retracements and measured rallies.

A cross-section of analysts predicts that $100,000 will be the floor for Bitcoin, with institutional investors bolstering their holdings through steady purchases. Meanwhile, Bitcoin ETFs are having an impressive run in the US after racking up inflows in excess of $524 million in a single day.

Currently, Bitcoin is trading at $95,177 with a trading volume of $58.5 billion, representing a near 4% decrease over the last day. With Bitcoin flashing signs of sideways trading, the rest of the cryptocurrency market is undergoing a rocky patch, accentuated by the global market capitalization falling below $3.4 trillion.



Source: https://zycrypto.com/bitcoin-approaches-its-fourth-death-cross-of-the-cycle-as-prices-threaten-to-fall-below-90000/