Fidelity flags possible Bitcoin bottoming signals as death cross tops 200 days

Fidelity Digital Assets said Tuesday that Bitcoin remains under short-term pressure, noting the asset has stayed in a death cross for more than 200 days and briefly dipped below the 200-week moving average over the weekend. The firm highlighted a realized price of $53,600 and said longer-term indicators are beginning to shift even as near-term signals still look bearish. Bitcoin rebounded to $64,000 on Monday but slid to an intraday low of $62,500 during Asian trading Tuesday.