Bitcoin closed below its 50-week moving average, ending a 7-week run above the key level. Alex Thorn said similar post-bear-market breaks in 2011-12 and 2019-20

BWB News TV • 2026-11-09 01:48 UTC • By Billy Odell Tucker-Robinson

Bitcoin closed below its 50-week moving average, ending a 7-week run above the key level. Alex Thorn said similar post-bear-market breaks in 2011-12 and 2019-20 did not lead to a new lower weekly closing low.

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