Bitcoin’s daily MACD histogram has fallen below zero again, marking the third bearish momentum signal since the cryptocurrency set its peak in October. The article lists BTC at $64,168.87. In the two previous instances, a negative MACD shift was followed by sharp price declines, while positive turns produced only limited rebounds.
MACD histogram slips back below the zero line
MACD, short for moving average convergence divergence, is built around two lines and a histogram. The MACD line is calculated by subtracting the 26-day EMA from the 12-day EMA, while the Signal line is the 9-day EMA of the MACD line itself. The histogram tracks the difference between those two lines. A reading above zero is usually taken as a sign of bullish momentum; a move below zero points to bearish momentum. That is where the indicator stands now.
Traders use MACD because it offers a cleaner view of momentum than raw price swings alone. In choppy conditions, the histogram and its slope are often watched closely for signs that trend strength is fading or reversing.
Earlier bearish crosses were followed by steep Bitcoin drops
According to the source material, the pattern has been notably consistent since Bitcoin rose above $126,000 in October. The first bearish shift came on Nov. 3, when the histogram crossed below zero and ended a weeks-long stretch of trading above $100,000. Bitcoin then fell from roughly $106,000 to $80,000 by Nov. 21.
MACD later turned positive, but the rebound did not last. About two months later, on Jan. 20, the indicator turned bearish again with Bitcoin trading near $90,000. The result was another heavy decline, with price dropping to nearly $60,000 by Feb. 6. A bounce followed, supported by a positive MACD reading, yet upside was capped around $75,000.
Bullish reversals have been weak while sellers keep control
The examples cited in the report point to a clear pattern: positive MACD flips have produced only brief recoveries, while renewed negative crosses have opened the way for deeper selloffs. That sequence is what makes the latest signal stand out. Based on the indicator alone, sellers have remained in control, and bullish attempts to rebuild momentum have repeatedly stalled.
With the MACD histogram now below zero for a third time since the October peak, the market is facing another technical warning similar to the previous two. The source does not project where price goes next, but the recent record attached to this signal is likely to keep traders focused on downside risk.