Dec 8 weekly death cross raises 50%–60% Bitcoin downside risk to $50,000–$38,000

On December 8, Bitcoin's 10- and 50-week simple moving averages crossed, a signal highlighted by Ali Martinez that has historically preceded large drawdowns. As 2025 ended, BTC traded over 30% below its all-time high and hovered just above $89,200. Martinez cautions this setup could imply a 50%–60% retreat toward $50,000–$38,000, while analyst Mags outlines scenarios tied to USDT dominance.