Analysts: Bitcoin's 10-week and 50-week moving averages have crossed again; if history repeats itself, a deep pullback may occur.

[Analyst: Bitcoin's 10-week and 50-week moving averages have crossed again; if history repeats itself, a deep correction may occur] According to Mars Finance, crypto analyst Ai (@alicharts) posted on the X platform that Bitcoin's 10-week and 50-week moving averages have crossed. Historical experience shows that this phenomenon is followed by significant corrections, including: a 67% drop in September 2014, a 54% drop in June 2018, a 53% drop in March 2020, and a 64% drop in January 2022. If history repeats itself, a similar 50%–60% correction could drop Bitcoin's price to between $38,000 and $50,000.