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Newton Gitonga

Bitcoin Faces 3-Day Death Cross as Analysts Flag 50% Crash Risk and Extended Bearish Outlook to 2026

Bitcoin traded in a narrow range on Wednesday before sliding into Friday, falling to about $63,000–$64,000 by early February 28 amid heavy selling linked to geopolitical tensions. Analysts highlighted a new 3‑day death cross and warned of historical precedents for drops of around 50%, while some on-chain and macro projections see bearish conditions potentially lasting into 2026 even as others point to Fibonacci support as evidence that the long-term uptrend is still intact.