$BTC swung more than 7% a day on Wednesday and Thursday. Yesterday it couldn't move 1%.
Quick map of the week on Binance spot:
• Nov 4 tagged 81,196, the 7-day high
• Nov 5 gave it all back, and Nov 6 printed the weekly low at 74,888
• Nov 7 full range: 75,571 – 76,250 (0.9%)
• Now ~75,800, down about 2.6% on the week
The part I'm watching is volume. The last 24h did roughly $376M on BTC/USDT spot, about a third of this week's daily average. That's a weekend market with nobody committing.
Levels that matter:
• 74,888: lose it on a closing basis and the post-dump floor is gone
• 76,250: yesterday's ceiling, the first thing bulls need back
• 80,000–81,200: where the last breakout failed
Compression like this rarely lasts long. The question is which side the thin weekend liquidity gets pushed first, and whether volume shows up to confirm it.
Range break up or down first? Tell me below 👇
Not financial advice.
#BTC #Bitcoin #CryptoTrading
Quick map of the week on Binance spot:
• Nov 4 tagged 81,196, the 7-day high
• Nov 5 gave it all back, and Nov 6 printed the weekly low at 74,888
• Nov 7 full range: 75,571 – 76,250 (0.9%)
• Now ~75,800, down about 2.6% on the week
The part I'm watching is volume. The last 24h did roughly $376M on BTC/USDT spot, about a third of this week's daily average. That's a weekend market with nobody committing.
Levels that matter:
• 74,888: lose it on a closing basis and the post-dump floor is gone
• 76,250: yesterday's ceiling, the first thing bulls need back
• 80,000–81,200: where the last breakout failed
Compression like this rarely lasts long. The question is which side the thin weekend liquidity gets pushed first, and whether volume shows up to confirm it.
Range break up or down first? Tell me below 👇
Not financial advice.
#BTC #Bitcoin #CryptoTrading
