Weekly Dead Cross Threatens Bitcoin — $67K Target if $86K Breaks
A technical analyst warns Bitcoin (BTC) faces a potential drop to $67,000 if a weekly dead cross confirms. Analyst Gamza Khanzadaev says BTC must reclaim and hold above $90,000 before the weekly candle closes to avoid the bearish signal created by the 50-week moving average crossing below the 200-week moving average. Immediate support is at $86,000; a decisive breach could invalidate the $80,000 psychological level and open a path to $74,111 and then $67,000. The report notes low buying volume this week, increasing downside risk if key levels fail. Traders should monitor volume, the $90K resistance and $86K support closely and consider risk management given the prevalence of leverage and derivatives in 2025 markets. This technical alert does not guarantee an outcome and may produce false signals; reclaiming $90K would invalidate the bearish scenario.
Bearish
The article highlights a credible technical trigger — a weekly dead cross between the 50-week and 200-week moving averages — that historically signals medium- to long-term weakness. Key factors supporting a bearish classification: 1) imminent confirmation risk if BTC fails to reclaim $90K before weekly close; 2) defined support break levels ($86K → $74,111 → $67K) that create clear downside targets; 3) low buying volume this week, which weakens the market’s ability to defend support; and 4) high leverage and derivatives exposure in 2025 markets that can amplify downward moves. Past events (notably 2022) show dead cross signals often coincide with extended corrections, though false signals do occur. Short-term impact: elevated volatility and increased selling pressure around $86K–$90K; traders may tighten stops, reduce size, or hedge. Long-term impact: if the weekly dead cross confirms and volume-backed declines reach lower supports, investor sentiment could shift more bearish, prompting longer consolidation or deeper drawdowns until macro or on-chain indicators improve. Conversely, a reclamation of $90K before weekly close would invalidate the pattern and likely produce a neutral-to-bullish short-term reaction.