Bitcoin Faces Resistance: Death Cross and Double-Top Signal Possible Pullback to $100,000

Bitcoin's rally stalls near resistance as a potential death cross and double-top increase the likelihood of a pullback toward $100,000 for BTC traders.

Bitcoin's recent rally is losing momentum as price action stalls near a key resistance zone, raising fresh concerns for BTC investors and crypto traders. Technical indicators point to a possible reversal: a potential death cross forming between major moving averages and a classic double-top pattern on the charts.

A death cross occurs when a shorter-term moving average crosses below a longer-term moving average, often signaling a shift from bullish to bearish sentiment. In Bitcoin's case, traders watching the 50-day and 200-day moving averages are alert to this crossover. Historically, a death cross can precede extended downside or at least a period of consolidation, making it a critical signal for risk-aware investors.

At the same time, price action is flirting with a double-top pattern—a formation that suggests buyers are failing to push price above a resistance level for the second time. When combined with weakening volume, a double-top often precedes a corrective move. Together, these technical signals increase the probability of a pullback toward the $100,000 area, a region many analysts now identify as potential support.

What traders should watch next: first, confirmatory price action below the neckline of the double-top and increasing selling volume would strengthen the case for a deeper correction. Second, the death cross confirmation—when the shorter moving average decisively closes below the longer one—would add to bearish momentum. Key support levels and order flow around $100,000 will determine whether BTC finds buyers or extends downward.

Risk management matters more than ever. Given the volatility of the crypto market, setting stop-loss levels, scaling position sizes, and considering hedges can help protect capital if a pullback unfolds. Short-term traders may look for tactical short opportunities or wait for clear reversal signals, while longer-term holders might reassess entry points near major support.

In summary, Bitcoin’s rally is encountering meaningful technical resistance. A potential death cross and a developing double-top pattern suggest a higher likelihood of a pullback toward $100,000. Traders and investors should monitor moving averages, volume, and support levels closely to navigate this pivotal moment for BTC.

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