Bitcoin Price Just Flashed A Death Cross, But It’s Not What You Think

Overview

Recent analysis has indicated that Bitcoin’s price has flashed a “death cross,” a technical indicator that some view as bullish for the cryptocurrency. This development comes as Bitcoin has experienced a decline, wiping out its year-to-date gains.

Bitcoin Price Flashes Death Cross

Crypto analyst Colin has highlighted that a death cross has just occurred for Bitcoin. He described this event as “ironically” bullish, particularly because it coincided with Bitcoin reaching the lower boundary of its megaphone pattern. Colin believes that the death cross often signifies a market bottom, suggesting that this could be the lowest point for Bitcoin, given its position at the lower end of the pattern channel.

Colin further indicated that the combination of these factors increases the chances of a price rebound for Bitcoin from its current level. He expressed optimism about a potential bounce in the short term. However, he raised the important question of whether this potential bounce would lead to new all-time highs or if it would merely be a temporary relief rally within a bear market.

In addition, Colin noted that the Federal Reserve’s anticipated end to quantitative tightening by December could serve as a bullish catalyst for Bitcoin. This policy change is expected to increase liquidity, potentially driving prices higher. There is also speculation that the Fed might cut rates in December, which would further support a bullish outlook for Bitcoin.

Another Analyst Confirms Death Cross

Benjamin Cowen, another respected crypto analyst, has corroborated Colin’s observations regarding the death cross. He pointed out that previous instances of death crosses have typically marked local lows in the market. However, he cautioned that the rally following a death cross might fail if the current market cycle has concluded.

Cowen mentioned that the timeframe for a potential bounce in Bitcoin’s price would begin within the next week if the market cycle is still ongoing. He also warned that if no bounce occurs within this timeframe, a further decline could be expected before a larger rally might take place, potentially returning to the 200-day simple moving average.

Market analyst Subu Trade provided insights into Bitcoin’s historical reactions following death crosses, noting that the most recent one in April led to a 22% gain for the cryptocurrency.

Impact on the crypto market

• The flashing of a death cross for Bitcoin is seen by some analysts as a potential bottom indicator.
• Optimism exists regarding a short-term price rebound, with key factors influencing this outlook.
• The Federal Reserve’s monetary policy changes may inject more liquidity into the market, which could positively affect Bitcoin’s price.
• Historical data shows that past death crosses have led to significant price movements, raising interest among traders.
• Analysts are closely monitoring the next week for signs of a price bounce, which could influence broader market sentiment.

Updated: 11/17/2025, 12:49:41 PM