Nov 17, 2025
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Bitcoin Price Flashes Death Cross Indicating Potential Bottom
Key Highlights:
- Analyst Colin reports a death cross for Bitcoin, historically seen as a bullish indicator marking potential market bottoms.
- The recent decline has erased all Bitcoin's year-to-date gains, positioning it at the lower boundary of its megaphone pattern.
- Colin suggests this setup may lead to a short-term price increase, though it's unclear if it will reach new all-time highs or just a temporary rally during a bear market.
- Federal Reserve's possible end to quantitative tightening by December could inject liquidity, acting as a further bullish signal for Bitcoin.
- Analyst Benjamin Cowen confirms the death cross occurrence, noting past instances have marked local lows but warns of a potential cycle end if no bounce occurs within a week.
- Recent data shows that after previous death crosses, Bitcoin saw significant gains, such as a 22% increase following the last cross in April.
- Currently, Bitcoin trades around $95,100, experiencing a slight decline over the past 24 hours.
