Analyst: Bitcoin's 10-week and 50-week moving averages have crossed again; if history repeats, a deep correction may occur

Cryptanalysis expert Ai (@alicharts) posted on the X platform that the 10-week and 50-week moving averages of Bitcoin have crossed, and historical experience shows that significant pullbacks occur after this phenomenon, including: a 67% drop in September 2014, a 54% drop in June 2018, a 53% drop in March 2020, and a 64% drop in January 2022. If history repeats itself, a similar pullback of 50%--60% could bring the Bitcoin price down to between $38,000 and $50,000.