An analyst warns a Bitcoin death cross could happen within three days.

crypthub

about 3 hours ago

Imminent Death Cross

Technical indicators show Bitcoin struggling to hold the $60,000 support. On the three‑day chart a death cross between the 50‑day and 200‑day SMAs is expected around Feb 27, according to analyst Ali Martinez. The price has already fallen below both moving averages, and the descending 50‑day SMA is approaching the 200‑day line, signaling bearish momentum overtaking the trend.

Historical Context and Risk

Previous death crosses in 2013, 2017 and 2021 preceded the final capitulation phases, each followed by steep declines. Bitcoin is already down more than 50% from its October 2025 peak, mirroring those cycles. Martinez warns the next leg could drag prices to $40,000 (‑30%) or even $30,000 (‑50%) if history repeats.

Recent Market Pressure

Bitcoin slipped below $65,000, trading around $63,200—a 5% daily drop and over 6% weekly loss. The decline is tied to U.S. trade‑policy uncertainty after a new 15% global import tariff sparked risk‑off sentiment. Leverage unwinds, ETF outflows and cascading liquidations amplified the sell‑off, though analysts view it as tactical de‑risking rather than a full capitulation.