Bitcoin Positioned For More Pain Following Weekly | Crypto News
After closing the week below a essential assist stage, Bitcoin (BTC) has fallen below the $65,000 assist for the first time since the early February crash, reaching a two-week low of $64,152.
Amid this efficiency, some analysts have warned that the flagship crypto may very well be on the “cusp of bearish acceleration,” warning that another major crash may very well be around the nook.
Bitcoin Loses The 200-Week EMA
On Monday, analyst Rekt Capital highlighted that Bitcoin produced a “historically pivotal” development after closing last week below the 200-week Exponential Moving Average (EMA), which presently sits “at the center of a major confluence zone.”
Notably, the 200-week EMA aligns with BTC’s Post-Halving Re-accumulation Range highs, positioned between $66,000-$71,000. Meanwhile, the Post-Halving Re-accumulation Range lows, around the $58,000-$60,000 ranges, outline the broader construction of BTC’s current vary.
Over the past three weeks, the cryptocurrency tried to develop a demand area around this space, which was beforehand a major provide space. However, this stage hasn’t traditionally been a structurally dependable assist for BTC’s price, the analyst asserted, noting that it has beforehand acted as a 10-month resistance.
“In the current structure, we have seen three consecutive weeks of elevated sell-side volume in this region, with limited meaningful buy-side response,” he explained.
Per the post, this imbalance has led to a weekly close below the 200-week EMA, dropping it as assist in this timeframe. This suggests that a “continuation of Bearish Acceleration into its second wave” may observe soon.
The analyst cautioned that now that price has closed the week below this vital stage, there may be a “strong probability that Bitcoin presses back toward the underside of that EMA to attempt turning it into new resistance.”
If the underside retest holds, the construction would shift from defending the assist to confirming the resistance at this stage. He warned that if that stage begins to act as resistance, draw back continuation will change into more and more possible.
BTC’s Bottom Targets $30,000
Rekt Capital also famous that BTC’s current efficiency aligns carefully with its price motion in prior cycles. As he detailed, in 2018 and 2022, a weekly close below the 200-week EMA acted as a structural set off to the second wave of bearish acceleration.
“Bitcoin would attempt to reclaim the level, turn it into resistance, and then dissipate lower. That pattern is now attempting to replicate itself,” he asserted.
Similarly, Ali Martinez pointed to the cryptocurrency’s historic efficiency, but on the three-day chart, affirming that this has been one of BTC’s key timeframes from a macro perspective.
According to Martinez’s post, market observers must watch the upcoming interplay of the 50-day and 200-day Simple Moving Averages (SMAs), as the crossover between these two indicators on the three-day timeframe has traditionally preceded the ultimate leg down of the bear market.
Bitcoin dropped around 50%-72% from its 2013, 2017, and 2021 cycle tops before its death crosses happened in late 2014 and 2018, and mid 2022. Following the 50-day and 200-day SMAs crossovers, the flagship crypto skilled another 45%-52% decline.
Now, BTC has fallen more than 52% from its October 2025 peak and is approaching a potential death cross on the three-day chart by the end of February. “If history repeats — even partially — this could signal the beginning of the final leg down of this cycle,” the analyst warned.
Based on this, Martinez predicted that another 30%-50% correction from current ranges may observe, inserting the cryptocurrency’s goal close to the $30,000-$40,000 helps. “If the cross confirms, it becomes a level to take very seriously,” he concluded.
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