PANews
PANews|Nov 24, 2025 08:53
[Analyst Ali: If BTC pulls back further, watch for support levels at $75,740, $56,160, and $52,820] According to renowned crypto analyst Ali, Bitcoin has shown five sell signals over the past month. First, Bitcoin's monthly MACD turned bearish for the first time since January 2022. Additionally, on the daily chart, the 50-day moving average 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 signals significant pullbacks. Meanwhile, the SuperTrend indicator on the weekly chart has issued a sell signal, a tool known for its long-term reliability in trend reversals. Furthermore, the bi-monthly TD Sequential indicator has also issued a sell signal for Bitcoin, with the last two similar signals triggering corrections of 78% and 32%, respectively. If Bitcoin pulls back further, key support levels may be at $75,740, $56,160, and $52,820.
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