Bitcoin’s weekly EMA crossover repeats April 2022 pattern as BTC weakens against silver
Bitcoin’s 21-week exponential moving average has crossed below its 50-week counterpart for the first time since April 2022, a move some analysts view as a potential new bear market signal. The last time this crossover appeared, Bitcoin needed about seven months to establish a macro low, while its current performance versus silver has already returned to levels seen around the 2022 FTX-related downturn.