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Bitcoin Updates: Abu Dhabi Invests $518 Million in Bitcoin Despite Bearish Death Cross Warnings

Bitcoin Updates: Abu Dhabi Invests $518 Million in Bitcoin Despite Bearish Death Cross Warnings

Bitget-RWA2025/11/23 23:44
By:Bitget-RWA

- Bitcoin's 2025 "death cross" signals bearish concerns as price nears $90,000, contrasting Abu Dhabi's $518M IBIT investment boost. - Historical death cross patterns show mixed outcomes, with 2022's 64% drop contrasting recent local bottom recoveries amid rising selling pressure. - Institutional confidence grows (Harvard, KindlyMD) despite $3.1B ETF outflows, as technical indicators suggest short-term bounce but $100,000 resistance remains key.

The cryptocurrency sector is currently facing a crucial technical event as Bitcoin's price chart displayed a "death cross" at the end of 2025, igniting discussions about whether this signals the beginning of a prolonged downturn or simply a short-term bottom. Experts and major investors are split in their assessments: some reference past trends that hint at a possible rebound, while others caution that further losses could be ahead

. These conflicting perspectives arise as institutional continues to climb, highlighted by Abu Dhabi's sovereign wealth funds during the third quarter.

Bitcoin Updates: Abu Dhabi Invests $518 Million in Bitcoin Despite Bearish Death Cross Warnings image 0
The death cross, which occurs when the 50-day moving average falls below the 200-day moving average, has often been viewed as a negative signal. In 2022, it preceded a 64% plunge in Bitcoin's value to $15,500. Yet, over the last year, rather than signaling a full bear market. This latest occurrence happened as Bitcoin hovered around $90,000, already down more than 20% from its September high. and a drop in address activity, pointing to mounting selling pressure. Nevertheless, to IBIT—growing from 2.4 million to 8 million shares—shows a belief in Bitcoin's long-term potential as a "digital gold."

ADIC's actions reflect a wider trend of institutional involvement in crypto, such as Harvard University's own IBIT acquisitions. The fund's approach focuses on diversification, with a spokesperson likening Bitcoin's function in a portfolio to that of gold. Despite recent declines, ADIC is holding its position, confident in Bitcoin's future value. This stands in contrast to the broader market's caution: since October, U.S. spot Bitcoin ETFs have experienced $3.1 billion in withdrawals,

in just one day.

Opinions among market experts remain split. Some believe the death cross presents a buying opportunity, noting its historical tendency to signal market bottoms. For instance, after the 2022 death cross, Bitcoin rebounded, and the 2025 event aligns with Abu Dhabi's significant buying. Others argue that the current environment—characterized by low liquidity and limited large-scale inflows—could extend the downturn.

(27) indicate a short-term rally could occur, but resistance above $100,000 remains strong.

At the same time, other major players are also increasing their crypto allocations.

as of September 30, 2025, with 5,398 BTC still in their possession as of November 12. This measured approach to cryptocurrency investment highlights a growing trend among public companies to manage risk and reward in this volatile market.

The next few weeks are expected to be decisive. Should Bitcoin slip below $88,000, the next levels to watch are $81,000 and $75,000. Conversely, a move above $100,000 could redefine the death cross as a local low. For now, the market remains in a state of uncertainty, with institutional optimism and technical signals pointing in different directions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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