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Does the Bitcoin death cross mean more downside?

The 50-day average crossing below the 200-day: every one on BTC and what came next. Condition: Bitcoin 50-day average crosses below the 200-day (death cross).

1 day later
56%higher
vs 51% after any day. Median move +0.1% (any day +0.1%).
Middle 80%: -3.6% to +1.8%. Worst -3.6%, best +3.3%.
Too few cases to telln=9
3 days later
44%higher
vs 53% after any day. Median move -0.6% (any day +0.3%).
Middle 80%: -7.0% to +3.7%. Worst -8.4%, best +7.0%.
Too few cases to telln=9
7 days later
33%higher
vs 53% after any day. Median move -0.5% (any day +0.5%).
Middle 80%: -10.3% to +5.6%. Worst -15.4%, best +6.9%.
Too few cases to telln=9
30 days later
44%higher
vs 55% after any day. Median move -2.3% (any day +1.8%).
Middle 80%: -15.1% to +24.8%. Worst -23.0%, best +33.5%.
Too few cases to telln=9

9 occurrences on Bitcoin since 2017-08-17. Each horizon counts non-overlapping cases only (a run of consecutive days counts once per horizon), measured from the close of the day the condition was met, and is compared with every day in the same history. "Up more/less often" needs a z-score beyond ±2.5; anything closer is reported as the same as any day.

DateClose+1d+3d+7d+30d
2025-11-1694,261.44-2.2%-2.9%-7.9%-6.8%
2025-04-0779,163.24-3.6%+0.6%+6.9%+22.6%
2024-08-1060,923.51-3.6%-0.6%-2.4%-6.4%
2023-09-1225,840.1+1.5%+2.9%+5.3%+3.6%
2022-01-1443,059.96+0.1%-2.0%-15.4%-2.3%
2021-06-1935,483.72+0.3%-8.4%-9.0%-13.1%
2020-03-256,677.43+0.9%-6.6%-0.5%+12.4%
2019-10-269,230+3.3%+1.9%+0.6%-23.0%
2018-03-316,923.91-1.6%+7.0%-0.4%+33.5%
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