If Confirmed, Bitcoin Could Form Death Cross and Test 200-Day Line Near $100,000

• Death cross signal: 23-day moving average crossing below the 50-day warns of possible deeper declines.

• Immediate support to watch: $112,000–$114,000 pocket; key anchor at the 200-day near $100,483.

• Market context: BTC traded near $114,106 after an intraday swing under $113,000; TradingView and on-chain data indicate weakening rallies.

Bitcoin death cross threatens deeper declines; watch $112k–$114k support and the 200-day at $100,483 — read analysis and next steps from COINOTAG.

By COINOTAG — Published: 2025-08-20 · Updated: 2025-08-20

What is a Bitcoin death cross and what does it mean for price?

Bitcoin death cross is a technical pattern where a short-term moving average crosses below a longer-term moving average, signaling bearish momentum. The current setup — the 23-day bending down into the 50-day — suggests sellers may push BTC lower toward the 200-day line unless $112k–$114k support holds.

Bitcoin just lined up one of the ugliest signals you can get on a price chart — a death cross. The 23-day moving average (green) is bending down into the 50-day (blue), and the two are about to collide.

If that cross confirms, it usually means buyers lost the wheel, and the price gets dragged lower until it hits the next major anchor.

Right now, that anchor is the 200-day line at $100,483.

Source: TradingView

BTC is trading around $114,106 after an intraday swing under $113,000, but that bounce does not really change the setup.

Just two weeks ago, Bitcoin was pressing $124,000, only to collapse through $118,000 support and leave $119,991 as a brick wall overhead. Since then, every rally attempt has been weaker than the last, while the moving average curves turned into a brutal trap.

How likely is a drop to the 200-day line at $100,483?

The probability of a test of the 200-day rises when shorter averages roll over. Historical patterns show a confirmed death cross increases downside risk materially; recent price action (failed rallies from $124k to $118k) supports this view.

Risk assessment: if the 23/50 cross completes and daily closes remain below $114k, odds of a move toward $100,483 increase significantly. If $112k–$114k holds, the pattern can be invalidated and a reversal may follow.

What are the immediate support and resistance levels?

• Support: $112,000–$114,000 pocket — near-term hold to deny the cross.

• Anchor: 200-day moving average at $100,483 — key longer-term magnet.

• Resistance: $119,991 and $124,000 — previous highs that capped rallies.

Frequently Asked Questions

How does a death cross form and why does it matter?

A death cross forms when a shorter moving average crosses below a longer one, indicating momentum shift to the downside. It matters because many algorithms and traders use moving averages for trend signals, increasing the pattern’s practical impact.

Can the death cross be a false signal?

Yes. Bitcoin has a history of making the cross look ominous before reversing. Holding $112k–$114k and observing volume patterns can help distinguish false signals from genuine trend changes.

Key Takeaways

• Technical signal: The 23-day moving average is converging on the 50-day, creating a death cross risk that favors sellers.
• Immediate risk level: $112k–$114k must hold to deny the pattern; failure increases probability of a move to $100,483 (200-day).
• Actionable monitoring: Watch daily closes, volume confirmation, and on-chain metrics; use clear stops and position sizing if risk rises.

Conclusion

Bitcoin’s potential death cross is a meaningful technical warning; the 23-day crossing the 50-day raises the odds of a re-test of the 200-day at $100,483. Traders should front-load risk controls, monitor the $112k–$114k pocket, and follow confirmed daily closes before altering positions. COINOTAG will continue to track developments and provide updated analysis.