The crypto market faced renewed tension as Bitcoin moved closer to forming a classic “death cross,” a pattern watchers view as a sign of potential market decline. The indicator reflects short-term weakness overpowering long-term support, raising concerns about the near-term direction of digital assets.
Crypto analysts note that this time, the signal appears amid slowing network activity and cautious trading behavior across global markets. Many investors are adopting a wait-and-see approach, anticipating further dips before any significant recovery takes place.
However, experts also highlight that the death cross has occasionally been followed by strong rebounds in past cycles. As Bitcoin navigates this critical phase, traders are expected to monitor key levels and market sentiment for clues on the next major move.
