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CryptoMediumUpdated•Originally published 24 February 2026•Updated 24 February 2026•
1 min read

Bitcoin Struggles at $60,000 Support as 'Death Cross' Looms Within 3 Days

Key Facts

1Bitcoin fell below the critical 200-week Exponential Moving Average (EMA) support level.
2Bitcoin's price is currently down more than 52% from its peak.
3Analysts are eyeing a potential 'death cross' on the 3-day chart, which could trigger further market capitulation.

Bitcoin (BTC) is currently struggling to maintain its footing above the critical $60,000 support level amid mounting selling pressure. This technical struggle follows a significant breach of the 200-week Exponential Moving Average (EMA), a key long-term indicator for the asset. Market analysts are now issuing urgent warnings that a 'death cross' could materialize on the 3-day chart within the next 72 hours. With the leading cryptocurrency still trading more than 52% below its all-time high, investor sentiment remains exceptionally fragile. The potential for a bearish crossover at such a pivotal price point increases the risk of a broader market capitulation. Traders are closely watching the $60,000 mark, as a sustained break below it could trigger a deeper and more prolonged correction phase.