🔻 A Dangerous Signal Appears on Horizon:
Bitcoin just flashed one of the harshest chart patterns — the Death Cross. The 23-day MA (green) is sliding into the 50-day MA (blue), and a confirmed cross could spell deeper losses.
📉 Why It Matters:
If confirmed, buyers lose control.
Price usually gravitates toward the 200-day MA anchor — now sitting at $100,483.
BTC is trading around $114,106, after briefly dipping below $113K.
💣 The Risk:
This isn’t just a “dip.” A move to $100K would simply be the chart’s math playing out — erasing the entire summer rally and shaking the bull narrative.
⚡ But Here’s the Twist:
Bitcoin often fakes out traders. If $112K–$114K support holds, the dreaded Death Cross could be denied, sparking a reversal.
