In a fresh warning for crypto traders, one of Bitcoin\u2019s most trusted long-term momentum indicators has turned bearish a signal that has historically preceded extended market downturns in every major cycle over the past decade.<\/p>\n\n\n\n
This analysis is based on technical insights from CoinDesk analyst and Chartered Market Technician Omkar Godbole<\/strong>.<\/p>\n\n\n\n The monthly MACD histogram<\/strong>, a widely followed momentum gauge, printed its first red bar below the zero line in November<\/strong> as Bitcoin dropped more than 17%.<\/p>\n\n\n\n This shift confirms a bullish-to-bearish trend reversal<\/strong>, suggesting that the rally from around $20,000 earlier this year has officially lost momentum.<\/p>\n\n\n\n Historically, this specific bearish crossover has not been kind to bulls.<\/p>\n\n\n\n While no indicator is perfect, the MACD\u2019s monthly signals have aligned closely with the start of major Bitcoin bear phases for more than a decade.<\/p>\n\n\n\n Even if the technical signal alone doesn\u2019t guarantee a downturn, today\u2019s macro backdrop leans bearish:<\/p>\n\n\n\n Taken together, these factors reinforce the MACD\u2019s warning and suggest the risk of more downside volatility.<\/p>\n\n\n\n Traders should prepare for increased market swings. Critical supports include:<\/p>\n\n\n\n Losing these levels could confirm a deeper retracement.<\/p>\n\n\n\n Bitcoin isn\u2019t the only major asset flashing warning signs. Ethereum has confirmed a death cross<\/strong>, where the 50-day simple moving average drops below the 200-day SMA<\/strong>, signaling potential sustained weakness.<\/p>\n\n\n\n While the term sounds dramatic, ETH\u2019s death cross has had mixed reliability<\/strong> in past cycles, and should be interpreted alongside other indicators not as a standalone predictor.<\/p>\n\n\n\n Both Bitcoin and Ethereum are entering December with technically bearish structures:<\/p>\n\n\n\n Traders should stay cautious, monitor key levels, and prepare for elevated volatility as markets digest these long-term bearish signals.<\/p>\n","protected":false},"excerpt":{"rendered":" In a fresh warning for crypto traders, one of Bitcoin\u2019s most trusted long-term momentum indicators has turned bearish a signal that has historically preceded extended market downturns in every major cycle over the past decade. This analysis is based on technical insights from CoinDesk analyst and Chartered Market Technician Omkar Godbole. A Key Indicator Turns…<\/p>\n","protected":false},"author":3,"featured_media":12832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[69,86,165],"class_list":["post-12831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-bitcoin","tag-market","tag-momentum"],"yoast_head":"\nA Key Indicator Turns Red for the First Time This Cycle<\/strong><\/h2>\n\n\n\n
Past cycles show a similar pattern:<\/strong><\/h3>\n\n\n\n
\n
Macro Forces Support the Bearish Momentum<\/strong><\/h2>\n\n\n\n
\n
Key Levels to Watch for Bitcoin<\/strong><\/h2>\n\n\n\n
\n
ETH Faces Its Own Bearish Signal: The Death Cross<\/strong><\/h2>\n\n\n\n
Bottom Line<\/strong><\/h2>\n\n\n\n
\n