Bitcoin Flashes Bearish Signal. Is 10% Drop Imminent?
Analysis
Price Impact
HighA bearish macd cross on the daily chart is a strong technical signal suggesting a potential downtrend. this is amplified by wall street warnings of a broader sell-off in risk assets, which could drag bitcoin down with them. the article also notes bitcoin has lagged behind traditional equities, indicating a lack of buying pressure.
Trustworthiness
MedPrice Direction
BearishThe bearish macd cross is a direct signal of potential price decline. combined with the broader market warnings and bitcoin's recent underperformance, the immediate outlook is negative.
Time Effect
ShortThe article specifically mentions a 'near-term pullback' and the macd cross is a daily timeframe indicator, suggesting the potential impact is more immediate rather than long-term.
Original Article:
Article Content:
Cover image via U.Today The bearish MACD cross, explained Bitcoin lags behind equities Wall Street warns of a coming sell-off Advertisement Bitcoin is facing renewed downward pressure as a key technical indicator flashes red. The ominous signal arrives just as Wall Street giants like Goldman Sachs sound the alarm on a broader near-term selloff in risk assets, creating a potentially hostile macroeconomic environment for the flagship cryptocurrency. $BTC bearish MACD cross on the daily timeframe has happened. When it occurred last time, Bitcoin dropped almost 10% in a week. pic.twitter.com/Py4TyJpnO9 — Ted (@TedPillows) April 28, 2026 The bearish MACD cross, explained The immediate concern for cryptocurrency traders stems from a widely tracked momentum indicator. Bitcoin has printed a bearish MACD cross on the daily chart. Advertisement For those unfamiliar with technical charting, the Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator used to identify shifts in market control. HOT Stories Canadian Billionaire Ridicules Saylor's Quest for 1 Million BTC $1.71 Trillion T. Rowe Price Advances With New Crypto ETF for XRP and SHIB; $96,600 Bitcoin Is Valid Outlook: Bollinger Bands; Dogecoin Ends $0 ETF Streak as DOGE Price Targets $0.1 - Morning Crypto Report You Might Also Like Mon, 04/27/2026 - 10:52 'Bitcoin is Finally Outperforming S&P', Delphi Digital Analyst Reveals When It Might Stop By Arman Shirinyan A "bearish cross" occurs when the MACD line (which tracks short-term momentum) crosses below the signal line (which tracks longer-term momentum). Technical analysts view this specific crossover as a strong signal that bullish exhaustion has set in and bears are taking control of the asset's trajectory. Advertisement Bitcoin lags behind equities The bearish crypto setup is particularly concerning because Bitcoin has already been struggling to capture momentum, even while traditional markets thrived. While the S&P 500 and Nasdaq 100 surged to record highs earlier in April fueled by resilient corporate earnings and easing geopolitical tensions, Bitcoin has remained stuck in the red. The digital asset is still down roughly 39.6% from its massive all-time high of $126,080, which was achieved seven months ago on October 6, 2025. Wall Street warns of a coming sell-off If Bitcoin's technicals are pointing down, the macroeconomic backdrop isn't offering much of a safety net. According to a Sunday note from John Flood, head of Americas equities execution services at Goldman Sachs, investors need to brace for a near-term pullback across risk assets. #Bitcoin Price Prediction