Bitcoin News Today: Bitcoin Faces $95K Standoff: Death Cross Clashes with Bullish Optimism Amid Bear Market Battle

Bitcoin has dropped to its lowest value in half a year, causing concern among investors as technical signals point to a possible worsening of the bearish trend. The digital asset, which reached over $124,000 last October, is now trading close to $94,000—marking a 32% fall from its highest point—

. A significant "death cross" appeared on Sunday, where the 50-day moving average fell below the 200-day moving average, . While some experts urge caution, others believe the market could be approaching a pivotal moment— .

Technical signals present a mixed outlook. The Relative Strength Index (RSI) has slipped into nearly oversold levels,

, indicating that selling momentum may be temporarily exhausted. At the same time, Bitcoin has challenged important support zones, the $93,000–$95,000 range. . Historical data offers some hope: previous death crosses have often lined up with local bottoms, . Still, significant resistance levels remain, .

Market mood is dominated by intense fear. The Crypto Fear & Greed Index has dropped to 10, its lowest reading in months, while online discussions about

have surged to their highest in four months— . Blockchain data shows a rise in activity from large investors, —a pattern that often comes before large sell-offs. Outflows from institutional investors have increased, adding more downward pressure. ETFs, which previously attracted significant investment, are now seeing less interest, near the $100,000 mark.

Wider economic factors further complicate the outlook. The U.S. government shutdown and

have contributed to market instability. Moreover, Bitcoin’s relationship with broader financial assets like gold and the U.S. dollar . While gold has climbed 55% so far this year, Bitcoin’s performance has remained flat, . that Bitcoin now acts more like a "macro asset," responding to liquidity and policy changes rather than just supply-side events.

Despite the negative sentiment, some analysts see potential for a rebound.

on the weekly chart could indicate bullish momentum if a breakout is confirmed by trading volume. Glassnode analysts have noticed renewed buying below $100,000, —which could signal short-term stability. However, for a lasting recovery, Bitcoin would need to move back above the $111,900 cost basis for short-term holders, .

The future direction remains unpredictable.

prices falling below $91,000, possibly extending losses to $83,500. On the other hand, a strong move above $97,000 might challenge the $100,500–$100,800 resistance, . Traders are encouraged to keep an eye on trading volume, key price levels, and major economic events, .

Bitcoin’s next significant move will likely depend on a combination of technical strength, institutional involvement, and clarity on the macroeconomic front. For now, the market is consolidating,

and a battleground between buyers and sellers.

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