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
Google sets 2029 post-quantum deadline, putting Bitcoin’s long-term security back in focus
Google plans to transition its infrastructure to post-quantum cryptography by 2029, emphasizing the urgency of addressing quantum risks. While Bitcoin isn't facing immediate danger, the decentralized nature of crypto complicates the transition to enhanced security.
CryptoNewsFlash21m ago
US Bitcoin ETF outflows hit three-week high as Ark trims stake in its own BTC fund
US spot Bitcoin ETFs experienced significant outflows of $171.2 million, the largest since March 6, coinciding with Ark Invest reducing its holdings. This highlights shifting sentiment in ETF demand amid a generally stable market.
CryptoNewsFlash29m ago
Yesterday, Bitcoin spot ETF total net inflows were $69.44 million, with ARKB leading with net inflows of $33.03 million.
March 31 news: Bitcoin spot ETFs had total net inflows of $69.4404 million on March 30. Of that, Ark Invest and 21Shares’ ARKB ETF had net inflows of $33.0297 million, while Fidelity’s FBTC ETF had net inflows of $28.8887 million. Total net assets under management reached $8.5475 billion, with cumulative net inflows of $56.004 billion.
GateNews39m ago
Bitcoin Miners Pivot to AI Infrastructure as Hash Price Declines to $29/PH/s in Q1 2026
Bitcoin miners faced sustained margin compression in the first quarter of 2026, with hash price declining to approximately $29/PH/s per day, down from $36–38/PH/s in Q4 2025, as the network hashrate recovered to 1,020 EH/s following a 10% decline from its October 2025 peak of 1,160 EH/s.
CryptopulseElite39m ago
Bitcoin Everlight: 4 Steps to Activate Shards and Stack Sats
Bitcoin is the most famous digital asset in the world. Most people think the only way to own it is by buying it or mining it with loud machines. A new platform called Bitcoin Everlight is changing that. It has built a simple way for anyone to help the Bitcoin network and earn real BTC rewards.
CryptoPotato41m ago
