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Alex Thorn says Bitcoin weekly close falls below 50-week moving average

NewsFeeds update

Galaxy Digital research head Alex Thorn says Bitcoin's latest weekly close slipped below its 50-week moving average after seven weeks above it, closing around $75,000 on 8 Nov against a roughly $75,500 average.

BitcoinPANewsAIBearish

Read the original on PANews

The story so far: Bitcoin price moves

Bitcoin fell below $78,000 on Oct 29 and later recovered. On Nov 5 it slipped below $76,000 and then below $75,000, before breaking back above $76,000 on Nov 6. It has now dropped below $74,000, down 2.74% intraday.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Galaxy Research's Alex Thorn says Bitcoin has bottomed

  2. Galaxy Digital's Alex Thorn says Bitcoin bear market ended in June

  3. Bitcoin falls below $78,000, down 4.64% on the day

  4. Bitcoin climbs past $78,000, still down 4.62% on the day

  5. Bitcoin climbs past $78,000, up 0.59% on the day

  6. Bitcoin falls below $77,000, down 0.67% intraday

  7. Bitcoin breaks above $77,000, down 0.65% on the day

  8. Bitcoin drops below $77,000, down 0.19% in 24 hours

  9. Bitcoin falls below $76,000, down 2.19% intraday

  10. Bitcoin breaks above $79,000, up 1.72% intraday

  11. Bitcoin briefly dips below $79,000 as 24-hour gain narrows to 0.46%

  12. Bitcoin slips below $78,000, down 1.91% in 24 hours

  13. Bitcoin falls below $77,000, down 4.11% on the day

  14. Bitcoin slips below $76,000, down 5.36% intraday

  15. Bitcoin rises above $76,000, down 0.05% on the day

  16. Bitcoin drops below $75,000, down 1.41% on the day

  17. Bitcoin breaks above $76,000, up 0.19% intraday

  18. Bitcoin slips below $76,000, up 0.17% on the day

  19. Bitcoin breaks above $76,000, up 0.31% on the day

  20. Bitcoin drops below $74,000, down 2.74% intraday

  21. Alex Thorn says Bitcoin weekly close falls below 50-week moving average

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  2. Strategy director Jarrod M. Patten sells 4,750 shares worth about $669,800

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  3. Bitcoin Treasuries says next halving to cut annual mined supply to 82,000 BTC

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Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.