Warning Signals: Bitcoin 365-Day Moving Average At Risk of Collapse
November 7, 2025 · 1:00 AM
The cryptocurrency market is experiencing significant bearish pressure, with Bitcoin (BTC) down nearly 6% over the past week, affecting other major cryptocurrencies like Ethereum (ETH), XRP, Binance Coin (BNB), and Solana (SOL), which have seen double-digit losses. Following a brief surge to over $126,000 earlier in October, Bitcoin's decline was exacerbated by the liquidation of approximately $20 billion in leveraged positions.
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