Bitcoin News: Death Cross Formation Sparks Speculation on Price Dip and Future Rally

The cryptocurrency market is buzzing with anticipation as Bitcoin’s (BTC) price charts have recently shown a Death Cross formation, a technical indicator that often precedes periods of heightened volatility. Here’s what you need to know about this significant development and its potential implications for Bitcoin’s future price trajectory.

BTC Price: Death Cross Formed, Dip To $74K Before Rally to $200K?

Bitcoin’s (BTC) price action has recently been marked by a Death Cross on the charts, a technical signal often preceding heightened market volatility. The Death Cross occurs when the 50-day moving average crosses below the 200-day moving average, indicating short-term price momentum is weakening relative to long-term trends. Historically, this pattern has been associated with market corrections, leading analysts to anticipate a potential dip towards $74,000 before a rally to $200,000.

2025 Ranking Of The 7 Best Crypto & Bitcoin Casinos

Crypto casinos have transformed the gambling scene with instant and anonymous transactions, no geographic limits, no KYC, boosted security, and exclusive bonus deals. This article explores seven top crypto casino websites in 2025, covering their major plans, current bonus offers, and key features. Discover why one casino provider stands out above the rest.

Brazil’s Bitcoin Reserve Initiative Could Reshape National Wealth Strategy

Brazil is considering allocating 5% ($18.3B) of its reserves to Bitcoin, aiming to enhance economic resilience and digital asset adoption. The proposal also suggests employees receive up to 50% of their wages in BTC, boosting national crypto integration. Inspired by the U.S. and El Salvador, Brazil aims to establish a sovereign BTC reserve with blockchain security. A senior advisor to Brazil’s Vice President has argued that a sovereign reserve of Bitcoin serves the public interest and is vital for economic prosperity, comparing it to ’digital gold’ and highlighting its role as a secure store of value in the digital era.

Trump-Bukele White House Meeting: Is Bitcoin the Main Agenda?

El Salvador’s pro-Bitcoin President Nayib Bukele has hinted at a possible visit to the White House to meet US President Donald Trump. While no official details have been revealed, this meeting could bring the two pro-Bitcoin leaders closer. In a recent tweet, President Bukele responded to reports that Trump might invite him to Washington by confirming his willingness to visit, taking a lighthearted approach and joking about bringing “several cans of Diet Coke” for Trump, referencing Trump’s favorite beverage. With both leaders expressing support for Bitcoin, the visit could potentially shape the future of crypto-friendly policies.

Bitcoin Price Battles to Stay Above $83k, Is the Rally Done?

Bitcoin (BTC) is facing increasing pressure as key support levels are breaking, raising concerns about the end of its recent upward trend. The world’s leading cryptocurrency is struggling to hold its gains, with technical indicators pointing toward a shift toward bearish territory. On the daily chart, Bitcoin has dropped below a critical Fibonacci support level around $83,000, which had previously acted as a strong foundation. According to analyst Josh of Crypto World, this move suggests a reversal in the short-term trend. If Bitcoin can’t reclaim this level, the next major support is around the high $70,000 range. Resistance levels remain firm, with $85,000 and $88,000 acting as key thresholds.