☠️ Bitcoin and the S&P 500 Are Forming a Death Cross
Bitcoin has formed a "death cross" — for the first time since September 2024. The S&P 500 is approaching a "death cross" — for the first time since March 2022.
A death cross is a technical pattern where the 50-day moving average falls below the 200-day moving average, often signaling a potential market downturn.
Historically, this pattern has often coincided with market reversals:
🔴 In March 2020, the S&P 500’s death cross appeared just days before a major sell-off due to the pandemic.
🔴 In 2015 and 2011, it also preceded significant corrections.
🔴 For Bitcoin, this pattern marked the beginning of prolonged downtrends in both 2018 and 2022.
