$BTC (3-Day Frame) – Death Cross Is Gradually Forming

On the 3-day chart of Bitcoin, the 50 SMA moving average is approaching very close to the 200 SMA. If these two lines cross downward, we will have a “death cross” – a technical signal that often appears during bearish market phases.
Notably, on the 3D timeframe, this setup is quite rare. In the past, each major downturn cycle has typically only seen one such death cross.
In 2015: Bitcoin hit its cycle bottom about one month after the crossover appeared.
In 2018: A similar scenario repeated, with the bottom confirmed shortly afterward.
In the most recent cycle: a local bottom formed approximately 30 days after the cross occurred. Then, the price moved sideways for nearly 5 months before a final decline completed the accumulation phase.
Currently, the death cross has not yet been officially confirmed, but the two SMAs are converging rapidly. This indicates the market is approaching a pivotal moment.
Note: The death cross is often a lagging indicator. By the time the signal appears, much of the downward momentum may have already occurred. Therefore, instead of panicking, investors should observe price structure, volume, and market reactions after (if) the crossover forms.
Will this be a sign of a final capitulation, or just a deep correction before re-accumulation? Keep a close eye on the 3-day timeframe in the coming weeks – such rare crossovers often mark a decisive phase in the cycle.