Death Cross Warning: Bitcoin Price Faces Potential Slide to $100,000

Bitcoin’s price chart has just displayed a highly concerning signal: a death cross. The 23-day moving average (green) is approaching the 50-day (blue), indicating a potential bearish reversal and could send prices plummeting toward $100,000. This critical technical indicator often signals a shift in buyer dominance and pushes the price lower until it hits a significant support level.