Just noticed: Bitcoin on the 3-day chart shows its first Death Cross since June 2022. That’s usually a sign that things could get rougher – historically, it’s been followed by an average decline of about 35 percent. The 50-day moving average has fallen below the 200-day, a classic pattern.

What’s interesting: Despite this technical warning signal, $458 million flowed into US Bitcoin ETFs on Monday. This suggests that investors are currently more inclined to buy than sell. With the geopolitical tensions in the Middle East, volatility is already heightened – Bitcoin is often seen as a safe haven in such times.

A analyst from a well-known derivatives platform speculates that a prolonged US presence in the region could lead to shifts in monetary policy, which would ultimately support Bitcoin. Wait, so the Death Cross indicates a decline, but the capital flows point to buying pressure? That’s exactly what makes predicting the market difficult right now. Currently, BTC is trading at $78,520, up 3.93 percent in 24 hours. Traders should keep an eye on such patterns – whether with free tracking tools or apps for period analysis, data helps maintain an overview.