Bitcoin’s Technical Signals Raise Questions about Bull Market’s Fate

Bitcoin is currently trading around $91,000, a figure linked to recent Thanksgiving market fluctuations. However, earlier this month, a technical signal known as a death cross emerged, igniting debate regarding whether the 2025 bull run has officially ended. This event occurred on November 16, 2025, when Bitcoin’s 50-day simple moving average crossed below its 200-day SMA for the fourth time since the 2023 price drop. The current price of $91,000 represents a significant decline from Bitcoin’s all-time high in October 2025 at $126,198.