Bitcoin Nears 3-Day "Death Cross" in Late February, $40,000-$30,000 Downside Eyed

Bitcoin is approaching a three-day "death cross" that could be confirmed in late February, with potential downside to $40,000 or $30,000, chartist Ali Martinez said. Analyst Axel Adler Jr. reported taker sell volume spiked to $2.3 billion in an hour. Open interest slid to $19.5 billion, Santiment data show.