Tag: confirming contrarian instincts

Why 2025 ‘Bearish’ Signal Points to a Bottom, Not a Collapse?

The post Why 2025 ‘Bearish’ Signal Points to a Bottom, Not a Collapse? appeared com. Bitcoin doesn’t need a fanfare when chart signals turn. The latest sell-off, as of November 2025, pushed the Bitcoin price down over 30% from its record high, trading near $86,000 at the time of writing. In fact, Bitcoin has erased all 2025 gains, stoking talk of a deeper collapse of the BTC price and the broader crypto market. But look closer at the data, and the “Death Cross” technical pattern (when the 50-day moving average slides below the 200-day) hasn’t spelled disaster for long-term bulls. If anything, it’s a bottom signal for the Bitcoin price more often than a top. As crypto commentator ‘Ash Crypto’r points out, each time this ominous cross has appeared during an upward-sloping 200-SMA, Bitcoin rebounded fiercely, contradicting trader panic and confirming contrarian instincts. Bitcoin Price: Unpacking the Recent Death Cross The term “Death Cross” haunts traditional finance and crypto Twitter alike. In technical analysis, it signals the start of a protracted downtrend. But history with Bitcoin price is different. Since 2023, every death cross within a bullish 200-SMA marked a local trough. In September 2023, the Bitcoin price bottomed near $26,900. By August 2024, unwinding Japanese carry trades sent it to approximately $59,900, and tariff volatility in April 2025 marked a bottom just under $79,000. Today, Bitcoin’s mid-November slide tracked textbook technical progression. The cross formed, panic seized the market, and Bitcoin lurched toward critical oversold zones. That same 50/200-day crossover, now underway, comes on the heels of a sharper drop, over 30% from October highs. But unlike April’s deep correction, this one appears less severe and is progressing faster, with the market spending half as long trending lower before forming its floor. Bitwise CIO Matt Hougan told CNBC that he believed the bottom for the Bitcoin price was almost in. While he conceded that.