Bitcoin Drops Below $75K — Is Selling Pressure Getting Stronger?
Bitcoin faced heavy selling pressure on November 6, briefly falling below $75,000 before recovering to around $75,800.
U.S. spot Bitcoin ETFs recorded more than $430 million in net outflows on Thursday, while nearly $870 million flowed out during the week up to Thursday.
Crypto liquidations also increased, showing how quickly leveraged positions can amplify market volatility.
For now, traders are watching whether Bitcoin can hold its recovery or face another move lower.
What do you think — is this a temporary correction or the beginning of a deeper decline?
$BTC $ETH $SOL
#bitcoin #CryptoMarket #BTC #CryptoNews #etf
Bitcoin faced heavy selling pressure on November 6, briefly falling below $75,000 before recovering to around $75,800.
U.S. spot Bitcoin ETFs recorded more than $430 million in net outflows on Thursday, while nearly $870 million flowed out during the week up to Thursday.
Crypto liquidations also increased, showing how quickly leveraged positions can amplify market volatility.
For now, traders are watching whether Bitcoin can hold its recovery or face another move lower.
What do you think — is this a temporary correction or the beginning of a deeper decline?
$BTC $ETH $SOL
#bitcoin #CryptoMarket #BTC #CryptoNews #etf
