*Bitcoin update 📊*
$BTC is down to around $70,823 down 3.9% from $73,700, and close to $70,000 📉
$ETH is near $2,016.
Why is BTC falling?
- BTC is at a 12-week low, just above $70,000
- ETF outflows are still coming - $299.8M out on Nov 11
- Fear & Greed is at 28 - Fear
- US PPI data comes today at 6:30 PM PKT - that could move it more
$70,000 is the key level now. If BTC breaks below it, more selling could follow.
What do you think will BTC hold $70,000? 👇
Not financial advice.
#Bitcoin #Ethereum #BTC #ETH
$BTC is down to around $70,823 down 3.9% from $73,700, and close to $70,000 📉
$ETH is near $2,016.
Why is BTC falling?
- BTC is at a 12-week low, just above $70,000
- ETF outflows are still coming - $299.8M out on Nov 11
- Fear & Greed is at 28 - Fear
- US PPI data comes today at 6:30 PM PKT - that could move it more
$70,000 is the key level now. If BTC breaks below it, more selling could follow.
What do you think will BTC hold $70,000? 👇
Not financial advice.
#Bitcoin #Ethereum #BTC #ETH
