Thursday, November 12, 2026Daily EditionIndependent journalism
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Bitcoin

Bitcoin trades below every daily EMA as hourly RSI hits 26.6

Image: The Cryptonomist

As of November 12, 2026, Bitcoin price trades at $72,032.43 on the Binance daily chart, with bearish pressure dominating despite a formally neutral daily regime. Every daily EMA and the lower Bollinger Band sit above price, while oversold intraday momentum leaves room for a rebound without confirming a reversal. Key takeaways Bitcoin trades at $72,032.43 on November 12, 2026, below every daily EMA and the lower Bollinger Band. The Fear & Greed Index reads 28 (Fear), while total crypto market cap fell 4.57% to $2.43 trillion. Hourly RSI is oversold at 26.6 , but the widening negative MACD histogram signals persistent selling momentum. An hourly close above $72,577.89 would trigger a rebound setup; a close below $72,159.45 would confirm continuation.

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