Bitcoin death cross still present despite rally to $86K — Should BTC traders be afraid?

On April 6, Bitcoin price formed a death cross on a daily chart — a technical pattern where the 50-day moving average (MA) falls below the 200-day MA. Historically associated with trend reversals and long bearish trading periods, this ominous signal has sometimes preceded major market drawdowns.

The latest death cross comes amid growing macroeconomic uncertainty. Equities are reeling from what appears to be the early stages of a tariff war, volatility is rising, and fear continues to…