This daily BTC/USD chart is showing a potential Head & Shoulders pattern, which is a classic bearish reversal structure. But that’s not all Bitcoin is also at risk of forming a Death Cross, signaling deeper downside potential. Here’s what stands out:
🛑 Key Bearish Signals:
🔻 Head & Shoulders Formation: The pattern consists of a peak (head) with two lower peaks (shoulders) on either side, indicating a loss of bullish momentum.
🔻 Neckline Breakdown: BTC is testing the neckline support around $76,000—a break below this level could trigger further downside.
🔻 Death Cross Forming: The 50 SMA (yellow) is sloping downward, getting dangerously close to crossing below the 200 SMA (blue)—a well-known bearish signal that could accelerate selling pressure.
📉 Bearish Targets if Breakdown Confirmed:
If BTC breaks below $76,000, the measured move projection suggests a possible drop toward $50,000-$52,000, aligning with previous structure support.
🚀 Bullish Case – Can BTC Recover?
For bulls to regain control, Bitcoin must reclaim $88,000+, invalidate the breakdown, and push above key moving averages. Otherwise, downside pressure remains strong.
⚠️ Final Thought: Death Cross + Head & Shoulders = Bearish Storm?
A Death Cross happening alongside a Head & Shoulders breakdown is a dangerous combination for bulls:
- A Death Cross occurs when the 50-day moving average crosses below the 200-day moving average, signaling a long-term trend shift to the downside.
- Historically, BTC has seen major sell-offs after this formation, especially when combined with bearish structures like we see now.
- If BTC loses $76,000, the next stop could be $50,000-$52,000—but if bulls defend this level and reclaim
88K+, they can avoid disaster.
Verdict: Bitcoin is at a make-or-break moment—either bulls step in now, or we could see a steep drop ahead. Will you short, or do you think this is a bear trap? Let’s discuss! 🧐🔥
🛑 Key Bearish Signals:
🔻 Head & Shoulders Formation: The pattern consists of a peak (head) with two lower peaks (shoulders) on either side, indicating a loss of bullish momentum.
🔻 Neckline Breakdown: BTC is testing the neckline support around $76,000—a break below this level could trigger further downside.
🔻 Death Cross Forming: The 50 SMA (yellow) is sloping downward, getting dangerously close to crossing below the 200 SMA (blue)—a well-known bearish signal that could accelerate selling pressure.
📉 Bearish Targets if Breakdown Confirmed:
If BTC breaks below $76,000, the measured move projection suggests a possible drop toward $50,000-$52,000, aligning with previous structure support.
🚀 Bullish Case – Can BTC Recover?
For bulls to regain control, Bitcoin must reclaim $88,000+, invalidate the breakdown, and push above key moving averages. Otherwise, downside pressure remains strong.
⚠️ Final Thought: Death Cross + Head & Shoulders = Bearish Storm?
A Death Cross happening alongside a Head & Shoulders breakdown is a dangerous combination for bulls:
- A Death Cross occurs when the 50-day moving average crosses below the 200-day moving average, signaling a long-term trend shift to the downside.
- Historically, BTC has seen major sell-offs after this formation, especially when combined with bearish structures like we see now.
- If BTC loses $76,000, the next stop could be $50,000-$52,000—but if bulls defend this level and reclaim
88K+, they can avoid disaster.Verdict: Bitcoin is at a make-or-break moment—either bulls step in now, or we could see a steep drop ahead. Will you short, or do you think this is a bear trap? Let’s discuss! 🧐🔥
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