Bitcoin Key Moving Averages Indicate An Imminent Drop To $38,000
January 3, 2026 · 3:00 AM
As 2025 ended, Bitcoin (BTC) was trading over 30% below its all-time highs, around $89,200, and formed a "death cross" between its 10-week and 50-week moving averages, a signal often preceding significant price corrections. Analyst Ali Martinez noted that past occurrences of such crossovers have led to substantial declines, suggesting Bitcoin could face a correction of 50%-60%, potentially dropping to between $50,000 and $38,000.
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