Alex Thorn(@intangiblecoins):bitcoin just closed below its 50 week moving average after holding above it for 7 consecutive weeks two other times (2011-12 & 2019-20) btc closed below its 50w after reclaiming it post-bear bottom neither of those times did the bear make a new lower low (weekly close data)

Alex Thorn

@intangiblecoins

Head of Firmwide Research $GLXY @galaxyhq @glxyresearch 🎙️ Past @Fidelity Patron @pubkey_nyc disclaim

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Alex Thorn@intangiblecoins

2026.11.09 01:38

bitcoin just closed below its 50 week moving average after holding above it for 7 consecutive weeks two other times (2011-12 & 2019-20) btc closed below its 50w after reclaiming it post-bear bottom neither of those times did the bear make a new lower low (weekly close data)