Bitcoin slide wipes out September’s bullish signal, weakening momentum case
AI summary
Bitcoin's recent price weakness has wiped out a bullish technical signal that had formed in September, according to CoinDesk's day-ahead market outlook for Nov. 12, 2026. The loss of that signal suggests momentum has shifted against buyers and removes a support argument bulls had been citing. Traders watching trend and momentum indicators should note that the prior bullish setup no longer holds, which could invite further selling or keep prices range-bound.
