$BTC On April 6, $BTC experienced a 'death cross' on the daily chart, where the 50-day moving average (MA) fell below the 200-day moving average. This marks the 11th occurrence of this technical pattern in its history. Since the birth of Bitcoin, there have been 10 recorded death crosses. Analyzing the timing and duration of these events reveals that while each bear market is accompanied by a death cross, not every death cross leads to a bear market. This distinction is crucial for interpreting the current market trend.