Bitcoin Bearish Monthly MACD Crossover Signals Possible Drop to $40,000, Based on 60% Historical Declines

COINOTAG News, November 24, reports that according to market analyst @ali_charts, Bitcoin’s monthly MACD has transitioned into bearish territory. This long-horizon momentum shift has historically preceded downside for the BTC price and broader cryptocurrency markets, reinforcing a cautious stance for investors.

Historically, when the monthly MACD flips bearish, Bitcoin’s price has faced meaningful drawdowns. In the last three cycles, BTC’s price declined on average by about 60%, a pattern that highlights potential downside risk. If the current dynamic persists, a move toward the low-$40,000s could emerge within this cycle.

Market participants should watch for confirmation via price action and key levels. The near-term Bitcoin technicals will hinge on a sustained close below major supports or a rebound above resistance. A break below the critical floor would elevate the BTC price outlook, while resilience could recalibrate risk assets and invite re-entry into crypto positions.