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Bitcoin weakness erases September's bullish signal

Summary by BizToc
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Coin DeskCoin Desk
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Bitcoin weakness erases September's bullish signal

·New York, United States
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Bitcoin has fallen back below its 50-week moving average, erasing the signal that prompted several analysts to call for a new bull market in September. The last time the signal failed, the price continued to fall below $16,000. On Thursday, bitcoin was trading below $73,400, CoinDesk reports. That's a bit below its 50-week moving average of $75,153. Technical analysts see it as a failed breakout, a sign that sellers have taken over again...

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BizToc broke the news on Thursday, November 12, 2026.
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