Bitcoin has dropped below key technical levels, raising attention among traders and analysts.
A bearish crossover on the 3-week MACD, combined with declining price action, suggests weakening momentum as the asset struggles to hold near $104,000.
MACD Cross Suggests Momentum Shift
According to crypto analyst Mister Crypto, the 3-week MACD has turned bearish. The MACD line has moved below the signal line—a setup many traders watch for changes in longer-term trend direction. Bitcoin is now trading at $103,850, down 3% over the past 24 hours and 9% in the last seven days.
A similar signal appeared in late 2021, followed by a major decline in BTC’s price. The latest chart also shows bearish divergence: the asset made a new high while the MACD histogram posted a lower high. Mister Crypto described the signal as “another bearish signal for Bitcoin,” reflecting caution across the market.
Bearish cross on the 3-week MACD.
Another bearish signal for Bitcoin… pic.twitter.com/RCOQzGdbn0
We współpracy z: https://cryptopotato.com/another-bitcoin-btc-warning-sign-macd-flashes-bearish-price-falls/
