A 'death cross' on a significant timeframe like the three-day chart, historically preceding the final leg down of a bear market, suggests a substantial downward price movement could be imminent if past patterns hold true.
The analysis is based on historical data and technical indicators (50 sma and 200 sma death cross) from a reputable analyst ('ali charts'). while historical patterns can be indicative, they are not guarantees of future performance, and market conditions can change.
The formation of a death cross on the three-day chart, coupled with historical data showing significant subsequent price drops, strongly suggests a bearish short-to-medium term outlook for bitcoin.
Death crosses are typically seen as short-to-medium term indicators, and the article suggests a potential 'final leg down' which implies a relatively near-term price action. however, the 'final leg' could extend for some time.
Cover image via U.Today 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. According to Alicharts, Bitcoin (BTC) recently printed a new death cross on a significant time frame: the three-day chart. A chart shared shows the interaction of the 50 SMA and the 200 SMA, a death cross signal on the three-day chart. Advertisement The three-day chart remains one of the most important time frames for Bitcoin from a macro perspective, as it lies between the daily and the weekly, offering enough long-term structure without being as slow as the weekly. Ali highlighted that, in most scenarios, every Bitcoin (BTC) bear market since 2014 ended its final leg after the three-day 50/200 SMA death cross. Bitcoin $BTC recently printed a new death cross! If history repeats, even partially, this could signal the beginning of the final leg down of this cycle. https://t.co/6ggg9kD93s?from=article-links — Ali Charts (@alicharts) March 6, 2026 Bitcoin had dropped 72% before the death cross appeared in December 2014, and after the crossover, BTC fell another 52%. Likewise, Bitcoin (BTC) was already down 67% from the 2017 peak when the death cross appeared. After that signal, it fell another 50%. Finally, in the 2021 cycle, Bitcoin was already down 58%. When the death cross appeared in May 2022, BTC fell another 46%. Advertisement You Might Also Like Thu, 03/05/2026 - 07:36 Bitcoin Remains in 'Extreme Fear' Territory Despite Relief Rally By Alex Dovbnya HOT Stories XRP Has Chance to Break $1.45 Resistance, Peter Brandt Predicts Bitcoin May Not Rally Until After September, +844 Billion SHIB: Shiba Inu Hits 2026 High in Exchange Inflow: Morning Crypto Report Fed, FDIC, and OCC Issue Crucial Clarification on Blockchain-Based Securities The significance of this is that if history repeats itself, even partially, this could signal the beginning of the final leg down of the current cycle, Ali noted. Ali stated that this does not guarantee it will happen, but most death cross signals on the three-day chart have aligned with the last major downside move before a macro bottom forms. Advertisement Bitcoin price Bitcoin briefly surged to $74,100 in March before pulling back. At the time of writing, Bitcoin was down 4.93% in the last 24 hours to $68,755 upon reaching a low of $68,402, extending its drop into the second day. You Might Also Like Thu, 03/05/2026 - 15:41 Michael Saylor on Bitcoin Scarcity: Not Enough BTC for Everyone By Tomiwabold Olajide Recent strong economic data has contributed to the scaling back of rate-cut expectations. Attention now turns to today's nonfarm payrolls report and wage growth figures. A hotter-than-expected print could further weaken expectations for Fed rate cuts and inject fresh volatility into financial markets. Traders are reassessing the outlook for monetary policy. According to CME Fed funds futures, investors now see less than a 50-50 chance of two 25-basis-point Fed rate cuts this year. #Bitcoin #Bitcoin Price