PANews, November 24 news, according to well-known encryption analyst Ali's analysis, Bitcoin has shown 5 sell signals in the past month.
First of all, since January 2022, the monthly MACD of Bitcoin $BTC has turned bearish for the first time.
In addition, the 50-day moving average on the daily chart has crossed below the 200-day moving average, forming a “death cross.”
Bitcoin has also lost support at the 50-week moving average, a level that historically often indicates a significant pullback.
At the same time, the SuperTrend indicator on the weekly chart has issued a sell signal, which has long-term reliability in trend reversals.
In addition, the TD Sequential indicator on the dual-month line has also issued a sell signal for Bitcoin, with the last two similar signals triggering adjustments of 78% and 32%, respectively.
If Bitcoin further retraces, key support levels may be at $75,740, $56,160, and $52,820.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Price Drops Below $70K as Short-Term Holders Hit Mass Capitulation
After another unsuccessful attempt to decisively reclaim the $72,000 resistance, bitcoin’s price dipped by two grand again, slipping below $70,000.
Popular analyst Michaël van de Poppe weighed in on BTC’s longer-term performance, explaining why the current environment could be a “great time to
CryptoPotato33m ago
Solana Yields Keep Falling — Why Investors Are Turning to This New BTC Reward Model
There is a particular frustration building among SOL holders in early 2026 that has nothing to do with price. Native staking yields, once a reliable source of passive income for long-term Solana believers, are compressing on a schedule that was written into the protocol from day one. Solana’s
CryptoPotato37m ago
Metaplanet jumps to become the world’s third-largest corporate Bitcoin holder, snapping up 5,075 BTC at once for $405 million
Metaplanet in Japan bought 5,075 bitcoins for about $405 million, with total holdings reaching 40,177 BTC, making it the world’s third-largest corporate bitcoin holder. CEO Simon Gerovich plans to hold 100,000 BTC by the end of 2026; he has already achieved about 40% of the target. This move reflects that the trend of corporations stockpiling coins is expanding beyond companies in the United States.
動區BlockTempo39m ago
Bitcoin Plunges As Market Sees Massive Selloff After Trump’s Latest Iran Speech
Bitcoin experienced a significant drop to $67,000 following President Trump's speech about potential war escalation, causing a broader market sell-off affecting U.S. futures and gold prices, while oil rose by 8.4%.
BlockChainReporter50m ago
