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Bitcoin momentum gauge turns red, with a drop back below $60,000 possible

Bitcoin momentum gauge turns red, with a drop back below $60,000 possible
AI summary

Bitcoin's momentum gauge has flipped bearish, a technical signal that could push the price back below $60,000, according to CoinDesk's day-ahead market look for Nov. 13, 2026. The warning is framed as a technical read on price momentum rather than a fundamental or regulatory development. Traders watching the $60,000 level would treat a break below it as a sign of further downside risk.

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