--- title: "Bitcoin chart signal flashes bearish momentum" description: "CoinDesk reported that Bitcoin's Guppy Multiple Moving Average bands are signalling bearish momentum, noting that the setup resembles prior signals before…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-bitcoin-s-price-chart-flashing-810742c72ccc90" published: 2026-11-03T08:52:57.000Z updated: 2026-11-03T09:52:59.000Z indexable: true --- # Bitcoin chart signal flashes bearish momentum CoinDesk reported that Bitcoin's Guppy Multiple Moving Average bands are signalling bearish momentum, noting that the setup resembles prior signals before… Attributed sources: [CoinDesk]() ## Key facts CoinDesk reported that Bitcoin's Guppy Multiple Moving Average bands are signalling bearish momentum, noting that the setup resembles prior signals before large declines. The same report said seasonality and post-midterm history lean bullish for Bitcoin. Evidence strength: Single source, 1 publisher group(s) (CoinDesk). After site detection, observed returns were 5 minutes: +0.10% (Nov 3, 2026, 08:52 → Nov 3, 2026, 08:57, UTC; Gate · USDT); 1 hour: +0.55% (Nov 3, 2026, 08:52 → Nov 3, 2026, 09:52, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff Nov 3, 2026, 08:52, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | +0.10% | +0.10% | 0.00 pts | Nov 3, 2026, 08:52 → Nov 3, 2026, 08:57 | Gate · USDT | | 1 hour | +0.55% | +0.55% | 0.00 pts | Nov 3, 2026, 08:52 → Nov 3, 2026, 09:52 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.15% | | 99th percentile of absolute hourly returns | 1.23% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / Nov 3, 2026, 08:52 | ## Claims and open questions - CoinDesk reported that Bitcoin's Guppy Multiple Moving Average bands signal bearish momentum. - CoinDesk reported that the latest chart signal resembles the ones seen before Bitcoin's big crashes. - CoinDesk reported that seasonality and post-midterm history lean bullish for Bitcoin even as the moving-average bands signal bearish momentum. - Which specific Guppy Multiple Moving Average crossover or band compression CoinDesk used as its bearish trigger, and what threshold or timeframe would confirm it. - Which prior crash episodes CoinDesk compared the current signal with. ## Source evidence - [Bitcoin’s latest chart signal looks a lot like the ones before its big crashes]() — CoinDesk; published Nov 3, 2026, 08:50; received Nov 3, 2026, 08:52 (UTC). ## Recent BTC events and market reactions - [Liquid Network says bitcoin reserves fully backed again after $320 million exploit]() — Published Nov 3, 2026, 11:12 (UTC) · Multiple publishers (3 publishers) · Security · 5m -0.04% / 1h -0.13% - [Tether holds 150,000 bitcoin worth $11.5 billion, CEO Ardoino says]() — Published Nov 3, 2026, 10:15 (UTC) · Single source (1 publisher) · General news · 5m -0.05% / 1h +0.26% - [Mercado Bitcoin pledges to cover all user losses after near $40 million hack]() — Published Nov 3, 2026, 08:56 (UTC) · Single source (1 publisher) · Security · 5m +0.02% / 1h +0.52% - [Mercado Bitcoin pauses withdrawals after $46 million security breach]() — Published Nov 2, 2026, 19:05 (UTC) · Multiple publishers (2 publishers) · Security · 5m 0.00% / 1h -0.08% - [Mercado Bitcoin halts deposits and withdrawals after security incident]() — Published Nov 2, 2026, 15:53 (UTC) · Multiple publishers (3 publishers) · Security · 5m -0.36% / 1h -0.31% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()