Nick Valdez looks at some VERY bearish signs for Bitcoin. First thing, a death cross on the 3-day carts. Then, we look at potential outcomes for losing the 200-week moving average. Then we look at altcoins. What about Ethereum, Solana and XRP?
1 extracted signal · 1 resolved · 0 still active
Discover Crypto24 Feb 2026, 05:01 UTC
AI-generated source summary
The analysis focuses on the bearish outlook for Bitcoin, Ethereum, and Solana, referencing historical 'death cross' patterns on Bitcoin's 3-day chart. Previous occurrences of this pattern on Bitcoin historically led to significant drops of around 50%, with potential cycle bottoms projected between March and August. The speaker notes that past death crosses were followed by substantial price declines, with the current situation showing similar bearish indicators. For Solana, a descending channel pattern is observed, with support levels identified at $100 and $40. Ethereum is also showing a bearish descending triangle pattern. The speaker highlights that losing the 200-week moving average for Bitcoin is a strong bearish signal, and such occurrences have historically led to sharp declines. The analysis suggests that similar bearish trends might be playing out for Ethereum and Solana, with specific price targets mentioned for each.
AI-generated summary based on the source content.
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