{"id":897104,"date":"2026-04-05T09:22:54","date_gmt":"2026-04-05T14:22:54","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/05\/bitcoin-still-due-next-leg-down-as-73k-btc-price-precedes-death-cross\/"},"modified":"2026-04-05T09:22:54","modified_gmt":"2026-04-05T14:22:54","slug":"bitcoin-still-due-next-leg-down-as-73k-btc-price-precedes-death-cross","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/05\/bitcoin-still-due-next-leg-down-as-73k-btc-price-precedes-death-cross\/","title":{"rendered":"Bitcoin still due &#8216;next leg down&#8217; as $73K BTC price precedes death cross"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-testid=\"html-renderer-container\">\n<p>Bitcoin (<a href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>) needs a \u201cmajor bullish catalyst\u201d to avoid canceling out its March rally, says the latest analysis.<\/p>\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>\n<p data-ct-non-breakable=\"undefined\">New findings warn that short-term BTC price strength does not remove the risk of the bear market continuing.<\/p>\n<\/li>\n<li>\n<p data-ct-non-breakable=\"undefined\">Bitcoin faces plenty of overhead resistance in the mid-$70,000 zone.<\/p>\n<\/li>\n<li>\n<p>A \u201cdeath cross\u201d formed of two weekly trend lines is still on course to confirm this week.<\/p>\n<\/li>\n<\/ul>\n<h2>Bitcoins BTC price caught between multiple trend lines<\/h2>\n<p>In an <a href=\"https:\/\/x.com\/KAProductions\/status\/2029203995676274711\" rel=\"noopener nofollow\" target=\"_blank\">X update<\/a> on Wednesday, Keith Alan, cofounder of trading resource Material Indicators, warned that BTC price weakness was still present beyond low time frames.<\/p>\n<figure>    <img decoding=\"async\" alt=\"bitcoins\" alt src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019cb979-7047-7c67-8c65-7022436632af.png\" title><figcaption><em>BTC\/USD one-hour chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>Bitcoin hit monthly highs of $73,019 at the day\u2019s Wall Street open, continuing a rebound that accompanied renewed conflict in the Middle East.<\/p>\n<p>While this quickly led to predictions of a bull market comeback and even <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-nears-one-month-high-as-bulls-propel-btc-toward-72k\" rel target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-nears-one-month-high-as-bulls-propel-btc-toward-72k\">new all-time highs<\/a>, Alan was frank about the BTC price outlook.<\/p>\n<p data-ct-non-breakable=\"undefined\">\u201cThis is an important candle to watch on the $BTC chart,\u201d he summarized.\u00a0<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cOn the surface, we&#8217;re seeing a short squeeze. From a technical perspective, this D candle is attempting to validate R\/S Flips at the 21-Day SMA, the 2021 Top at $69k, and a Timescape Level at $71.3k.\u201d<\/p><\/blockquote>\n<figure>    <img decoding=\"async\" alt=\"bitcoins\" alt src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019cb977-26b8-7546-bff1-222b40e41ace.png\" title><figcaption><em>BTC\/USD one-day chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>Alan referred to various key levels near the spot price, including the 21-day simple moving average (SMA) at around $67,550, per data from <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">TradingView<\/a>.<\/p>\n<p>Also on the radar were the 50-day SMA at $76,350, along with the 21-week and 100-day SMA trend lines at $88,000 and $87,300, respectively.<\/p>\n<p>\u201cIf bulls can push price up from here I expect some friction around psychological resistance ~$75k, technical resistance at the $50-Day MA, and the next Timescape Level at $78.3k,\u201d he continued.\u00a0<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cA support test, sooner than later, would be healthy, but I&#8217;m not sure that the market is going to make it that easy on us.\u00a0 However this develops, IMO, the longer it takes to grind up, the more durable the rally will likely be.\u201d<\/p><\/blockquote>\n<h2>Bitcoins Bitcoin death cross still due this weekly candle<\/h2>\n<p data-ct-non-breakable=\"undefined\">As <a href=\"https:\/\/cointelegraph.com\/news\/btc-traders-wait-50k-bottom-five-things-bitcoin-this-week\">Cointelegraph reported<\/a>, long-term price expectations for the current bear market favor a bottom at or below the $50,000 mark.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/this-is-not-world-war-three-five-things-bitcoin-this-week\"><em><strong>\u2018This is not World War III:\u2019 Five things to know in Bitcoin this week<\/strong><\/em><\/a><\/p>\n<p>A return to BTC price downside, Alan warned, could come as soon as next week, thanks to a so-called \u201cdeath cross\u201d involving the 21-week and 100-week SMAs.<\/p>\n<figure>    <img decoding=\"async\" alt=\"bitcoins\" alt src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019cb976-4206-763e-9769-b277a9344a25.png\" title><figcaption><em>BTC\/USD one-week chart with 21, 100 SMA. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>A death cross occurs when the former trend line crosses below the latter, implying weaker recent price action compared to the longer-term trend.<\/p>\n<p data-ct-non-breakable=\"undefined\">\u201cThe caveat to that is the simple fact that next week we will print a death cross between the 21 and 100 Week MAs, and that will likely be a precursor to the next leg down unless we get a major bullish catalyst,\u201d he concluded.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" data-ct-non-breakable=\"undefined\" label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p data-testid=\"post-category-disclaimer\"><span>This article is produced in accordance with Cointelegraph&#8217;s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.<\/span><\/p>\n<p> Cointelegraph by William Suberg <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-still-due-next-leg-down-72k-btc-price-precedes-death-cross?utm_source=rss_feed&#038;utm_medium=rss&#038;utm_campaign=rss_partner_inbound\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) needs a \u201cmajor bullish catalyst\u201d to avoid canceling out its March rally, says the latest analysis. Key points: New findings warn that short-term BTC price strength does not remove the risk of the bear market continuing. Bitcoin faces plenty of overhead resistance in the mid-$70,000 zone. A \u201cdeath cross\u201d formed of two weekly<\/p>\n","protected":false},"author":1,"featured_media":897105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28336,4041],"tags":[11476],"class_list":["post-897104","post","type-post","status-publish","format-standard","has-post-thumbnail","category-next","category-bitcoin","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/897104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=897104"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/897104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/897105"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=897104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=897104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=897104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}