Over the last few weeks, the top crypto has fallen from an all-time high of $64,900 to as low as $31,681.56. The downward spiral has led to a rise in negative investor sentiment. This sentiment is also reflected in Bitcoin’s Fear and Greed Index which fell to 13.

However, some analysts believe the worst has passed and yet others are predicting that the worst is yet to come. Which should we believe, and is it a good time to sell or buy?

In particular, several analysts, including a team from JP Morgan, are calling the looming death cross a bearish signal. In which case, the death cross could lead the crypto market to fall even lower.