Bitcoin BTC has returned above the 200-day MA, which is a positive signal indicating that prices may rise further. Although a 'death cross' has occurred, it does not always lead to a Bear Market; the key is to distinguish market patterns. Each Bear Market will have a 'death cross', but not every cross triggers a Bear Market.

$MA

The Bitcoin daily chart has formed the 11th "death cross". This signal usually indicates that the market may experience a significant fall, but it does not always lead to a Bear Market. Historical data shows that the duration of "death crosses" during Bear Markets is longer and the declines are more substantial, while fluctuations during other periods are not severe. On average, the Bitcoin price is only slightly lower one month after a "death cross" and typically rises three months later, so this is often seen as a buying opportunity.

The US stock market fell again on Wednesday as Trump's announcement of tariffs caused investor unease. The S&P 500 index dropped 0.3%, the Nasdaq 100 index fell 0.6%, and TSL dropped 2%. Since February, the S&P 500 has evaporated $4 trillion in market capitalization due to tariff anxiety triggering dumping. Wall Street anticipates that tariffs will exacerbate stock index declines, leaving the market filled with uncertainty.

BlockBeats News, on February 26, Alex Thorn, head of research at Galaxy, tweeted, "Based on the last transfer of supply (URPD) analysis from BTC, the $75,000 to $85,000 range is barely trading, as the price quickly broke out of the range in November and the market may want to test this range." The 200-day Moving Avarage (MA) is at $81,600 and could provide support if the price backtests that range."