coin-img-ETHETH-0.58%coin-img-BTCBTC+0.13%coin-img-UCNUCN+0.43%coin-img-SOLSOL-0.13%coin-img-XRPXRP+1.29%coin-img-HYPEHYPE-0.32%coin-img-USDCUSDC-0.01%coin-img-TONCOINTONCOIN-1.53%coin-img-ETHETH-0.58%coin-img-BTCBTC+0.13%coin-img-UCNUCN+0.43%coin-img-SOLSOL-0.13%coin-img-XRPXRP+1.29%coin-img-HYPEHYPE-0.32%coin-img-USDCUSDC-0.01%coin-img-TONCOINTONCOIN-1.53%coin-img-ETHETH-0.58%coin-img-BTCBTC+0.13%coin-img-UCNUCN+0.43%coin-img-SOLSOL-0.13%coin-img-XRPXRP+1.29%coin-img-HYPEHYPE-0.32%coin-img-USDCUSDC-0.01%coin-img-TONCOINTONCOIN-1.53%coin-img-ETHETH-0.58%coin-img-BTCBTC+0.13%coin-img-UCNUCN+0.43%coin-img-SOLSOL-0.13%coin-img-XRPXRP+1.29%coin-img-HYPEHYPE-0.32%coin-img-USDCUSDC-0.01%coin-img-TONCOINTONCOIN-1.53%

Bitcoin Flashes Five Bearish Signals With Support at $75,740-$52,820

Bitcoin generated five sell signals over the past month, crypto analyst @ali_charts said. The monthly MACD turned bearish for the first time since January 2022, while the daily chart formed a death cross as the 50-day moving average crossed below the 200-day moving average. Bitcoin lost support at the 50-week moving average, a level historically linked to significant pullbacks, and the weekly SuperTrend indicator issued a sell signal. The bi-monthly TD Sequential indicator also flashed a sell signal—previous occurrences triggered corrections of 78% and 32%. Key support levels in a further decline may be at $75,740, $56,160, and $52,820, @ali_charts said.
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