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Bitcoin Price Faces Selling Pressure as Death Cross Pattern Looms

Bitcoin Price Faces Selling Pressure as Death Cross Pattern Looms. Source: Photo by Photo By: Kaboompics.com

Bitcoin (BTC) is trading under selling pressure in Asian markets, slipping below key resistance after failing to sustain momentum above $107,250, the lower boundary of its multi-week consolidation range. The inability of bulls to reclaim this level reinforces bearish sentiment and suggests continued downward pressure in the near term.

The recent rejection from resistance adds credibility to the earlier bearish breakdown, signaling that market participants remain cautious despite prior recovery attempts. This technical setup coincides with growing attention on a potential “death cross”—a pattern that forms when the 50-day simple moving average (SMA) crosses below the 200-day SMA. Traders often view this as a sign of weakening short-term momentum relative to the long-term trend, historically linked to extended downtrends in the cryptocurrency market.

However, not all death crosses confirm lasting bearish phases. In Bitcoin’s case, the last three occurrences—in September 2023, August 2024, and April 2025—each produced false bearish signals, with BTC later regaining strength. Whether this pattern will repeat or mark the start of a deeper correction remains uncertain.

For now, attention turns to the critical $100,000 support zone, a level that has repeatedly acted as a psychological floor for traders. A decisive break above $107,250 could invalidate the current bearish structure and restore bullish momentum, while a sustained move below $100,000 may invite further selling pressure.

As market volatility intensifies, traders are closely monitoring Bitcoin’s next move for confirmation of trend direction. Until a breakout occurs, BTC is likely to remain range-bound, with sentiment leaning cautiously bearish amid macroeconomic uncertainty and technical resistance overhead.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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