The status of the 50 and 200-day Exponential Moving Averages (EMA) is one of the main indicators of market health.
Bitcoin is in a neutral/slightly bearish trend in the short and medium term, but with no clear signal of a Death Cross.
1. Current Position of EMAs on the Daily Chart (1D)
The latest data for the Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) for the long term are:
Moving Average | Value (Approximate)
▶️50-day EMA | $91,154 | Short/Medium Term
▶️200-day EMA | $90,969 | Long Term
Current Price of $BTC $89,271
2. Analysis of the Golden Cross / Death Cross
The current scenario shows that the market is in a consolidation or neutral phase ("Middle/Neutral Zone" or "middle zone"):
* The 50-day EMA ($91,154) is ABOVE the 200-day EMA ($90,969).
* Meaning: Technically, the current setup is still a Golden Cross, which indicates that the short-term trend (50 days) is stronger than the long-term trend (200 days), suggesting a bullish bias for the long term.
3. The Alert: Price Below the Averages
Although the 50 EMA is above the 200 EMA (the bullish setup), what generates a big alert is the position of the current price:
* The current price of Bitcoin ($89,271) is BELOW both moving averages ($91,154 and $90,969).
What this means:
* Loss of Momentum: The price falling below the key moving averages (50 and 200 days) is a sign that short-term momentum (200 days) has weakened.
* Resistance: Now, these averages ($91,000) act as a strong resistance zone. For Bitcoin to regain a strong uptrend, it urgently needs to trade above the 50 and 200-day EMA.
* Risk: If the price continues to fall, the 50-day EMA ($91,154) may quickly start to slope downwards and cross below the 200-day EMA ($90,969), which would culminate in a Death Cross, a strong signal of reversal to a long-term bear market.
In summary: the scenario is still technically bullish, but the current price of Bitcoin is in a danger zone, testing the strength of the bulls and at risk of losing the macro bullish trend if it fails to recover above the key Moving Averages.
