COINDESK · 2026-11-12 12:15 UTC

Bitcoin weakness erases September's bullish signal

Bitcoin fell below its 50-week simple moving average, trading near $73,400 against an average of $75,153, a failed breakout after September's close above that level. Spot ETFs saw large outflows, and the Dollar Index briefly topped 103, its highest since March 2025. Wintermute said it stays cautious below the 50-week average, with $68k as the next level down and reclaiming $80k as the level that would change its view.

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