2025-12-12 22:29:01

Bitcoin's chart is printing a familiar setup from late March, but the narrative feels different now. This time around, the bearish signals are stacking up—price action below the 50-week moving average, with MACD showing weakness across both the weekly and monthly timeframes. The divergence is real and hard to ignore.

What's shifting is the market psychology. Traders aren't leaning on the usual playbook of equity liquidity rotations anymore. The technicals are speaking louder than sentiment these days, and they're not exactly painting a bullish picture. The indicators are aligned in the same direction, which narrows the path for bulls.

BTC-2.73%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
8
Repost
Share

Comment

0/400

hodl_therapist

· 15h ago

This time it's really different. The technical chart looks terrible... MACD has turned bearish, and the 50-week moving average has broken below. I need to adjust my mindset.

View OriginalReply0

TaxEvader

· 12-14 16:17

It's the familiar story again, just a different ending.

View OriginalReply0

GateUser-44a00d6c

· 12-12 22:59

Below the 50-week moving average again, let's change up the routine from March and try a new approach. This time, it feels truly different. --- Both MACD timeframes are indicating weakness; such obvious divergence can't be ignored. --- Wait, is the liquidity rotation theory now disbelieved? The technicals are the real boss right now. --- When all indicators are aligned, the bullish move is limited... It's a bit hopeless. --- I just want to know if this is a genuine bear market or just another fake rally. With such bearish technicals, who dares to buy the dip?

View OriginalReply0

OnchainDetectiveBing

· 12-12 22:59

Bro, being below the 50-week moving average really is different this time. The March wave still felt hopeful, but this time all the indicators are pointing in the same direction... Feeling a bit hesitant.

View OriginalReply0

RektRecorder