Bitcoin plummeted on Tuesday, hitting a low of $102,422, having previously traded at $107,482.
At the time of writing, Bitcoin was down 0.23% in the past 24 hours to $104,880, but was up 2.80% for the week.
Bitcoin’s recent price action follows a lull in the market during the October flash crash, and a bearish death cross, which occurs when the short-term moving average MA 50 falls below the MA 200, is expected to emerge in the coming days.
Huge! ! !
4th Death Cross is here for $BTC
The last three marked a big bottom.
If history repeats itself, we will go even higher!!! 🔥 pic.twitter.com/lAfjtrs1Bf
— Kyle Chasse / DD🐸 (@Kylechasse) November 12, 2025
The daily MA50 is currently trending downward, increasing the possibility of a death cross, which will be the second death cross this year after April.
If confirmed, this would be Bitcoin’s fourth death cross since 2023, with the last three occurring in September 2023, August 2024, and April 2025, indicating weak momentum in the short term.
Main price levels
The death cross itself has proven to be unreliable, with the last three Bitcoin price bottoms in September 2023, August 2024, and April 2025. It remains to be seen whether history will repeat itself in this case.
According to Glassnode, Bitcoin is currently priced at $104,880 and is trading between cost-based quantiles of 0.85 and 0.75 ($108,500 and $100,600, respectively). Traders are keeping an eye on these two levels, which have historically acted as support and resistance, and a clear breakout of either of these levels will likely create the next directional trend.
If Bitcoin price breaks above short-term resistance near $111,000 and $116,000, future volatility could increase. These two levels are also monitored.
That being said, Bitcoin is currently trading at an important inflection point. Market sentiment remains cautious, and there are signs that a domestic bottom may be formed around $100,000. In the medium term, support could be found in the $100,000 to $108,000 range.
