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Worse Than the Covid Crash? Bitcoin’s New ‘Record Low’ Signal Explained
Jan 9, 2026
< 1 min read
by Olivia Stephanie
for CryptoPotato
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Bitcoin has been under strain after its largest decline in history, according to analysts. The price action has cooled after a rapid drop, while traders watch key levels to gauge the next move.
3-Day MACD Falls to Record Low
Michaël van de Poppe, a market analyst, noted that Bitcoin’s recent decline triggered a new low on the 3-day MACD indicator. He stated that this drop “was heavier than the 2022 Luna crash, the 2020 COVID crash, or the 2018 bear market.”
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