COINTELEGRAPH · 2026-11-13 09:39 UTC

Bitcoin returns to 200-week trend line as analyst sees risk of $57.7K next

Bitcoin fell to $67,500 on Friday, slipping below its 200-week simple moving average at $67,993 on its first test of that level in 11 weeks. Material Indicators co-founder Keith Alan said losing the 41.5 weekly RSI support could open a test of the cycle low near $57,700. Asian stocks and Nasdaq-100 futures fell after Jensen Huang resigned as Nvidia CEO, with Hong Kong's Hang Seng down 1.55%.

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