11-16-2019, 07:05 AM
Cryptocurrencies
Bitcoin Close to Sounding Sell Alarm as Recent Rally Cools
By
Vildana Hajric
November 13, 2019, 12:01 PM EST
![[Image: 360x-1.jpg]](https://assets-bwbx-io.cdn.ampproject.org/i/s/assets.bwbx.io/images/users/iqjWHBFdfxIU/ii1Zn85FMg4g/v0/360x-1.jpg)
Photographer: Akos Stiller/Bloomberg
As Bitcoin’s recent rally cools, technical signals suggest the biggest cryptocurrency could face further headwinds ahead.
Bitcoin Close to Sounding Sell Alarm as Recent Rally Cools
By
Vildana Hajric
November 13, 2019, 12:01 PM EST
- Trading range between 50- and 200-DMA is narrowest since June
- Bitcoin has already dropped below its 50-day moving average
![[Image: 360x-1.jpg]](https://assets-bwbx-io.cdn.ampproject.org/i/s/assets.bwbx.io/images/users/iqjWHBFdfxIU/ii1Zn85FMg4g/v0/360x-1.jpg)
Photographer: Akos Stiller/Bloomberg
As Bitcoin’s recent rally cools, technical signals suggest the biggest cryptocurrency could face further headwinds ahead.