Bitcoin Teases $100,000 Recovery, But There's a Death Cross Catch

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News On paper, Bitcoin’s latest move looks good: the price is rising, trading volumes are healthy and the market is optimistic about reaching six-figure territory. However, a closer look at the chart reveals that the current situation resembles a setup that is waiting for upside movement first before hitting the real bear trigger. Advertisement Looking at the TradingView chart, it seems that BTC is pushing up to the $102,000-$109,000 pocket while, in the meantime, the 23-week and 50-week moving average seem to form a crossover pattern which, as the shorter curve is about to cross the longer one, is a death cross. Also, the 200-week moving average at $66,000 seems like a magnet if the price of BTC is indeed set to fall after hitting a grim pattern. HOT Stories Morning Crypto Report: XRP Ready to Unlock Solana, Shiba Inu (SHIB) Rockets 30% in Volume, SpaceX Moves $100 Million in Bitcoin While Elon Musk Stays Silent Saylor’s 'Buy Every Bitcoin' Strategy Mocked by Schiff XRP Gets Institutional Boost with Flagship Index Crypto Market Prediction: Enormous Shiba Inu (SHIB) Divergence Printed, Ethereum (ETH) Scorching Local Resistance, Is XRP Downtrend Ending? BTC/USD by TradingView That is the center of the whole setup because the move toward $100,000 looks optimistic only until you place these pieces together and realize the chart is guiding the price into a bull trap. Advertisement This is why the bounce feels normal even though the structure behind it is not. BTC sitting near the low $90,000s has enough room to drift toward $100,000 without triggering anything unusual, and that window lets the market build comfort before the cross completes. Perfect bull trap The $102,000-$109,000 band becomes the perfect trap because it gives bulls the last "this looks fine" moment before the death cross prints, and once it prints, the $66,000 level is hard to dismiss. You Might Also Like Wed, 12/10/2025 - 11:31 Morning Crypto Report: XRP Ready to Unlock Solana, Shiba Inu (SHIB) Rockets 30% in Volume, SpaceX Moves $100 Million in Bitcoin While Elon Musk Stays Silent By Gamza Khanzadaev Advertisement The long-trend average does not sit there for decoration. It is where pressure builds when a midtrend cross hits elevated prices because the market prefers to reset at a level that actually holds historical weight. None of this stops Bitcoin from touching $100,000. It just reframes what that move represents. #Bitcoin #Bitcoin News #Bitcoin Price