COINDESK · 2026-11-13 12:15 UTC

Bitcoin's momentum gauge is turning red, could send prices back below $60,000

Bitcoin's weekly MACD histogram has turned negative, a bearish momentum signal that would be confirmed if it stays below zero at Sunday's weekly close. Historically, since 2012 this signal has preceded a drop of at least 16% in 13 of 24 cases, often within weeks, though 11 instances saw smaller declines. The article cites a 2026 low near $57,700, about 16% below current levels, alongside institutional ETF outflows and a strong U.S. dollar as headwinds.

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