$BTC LATEST ANALYSIS - Nov 9 - BELOW $75K
Price: $74,312 (-2.00%)24h Range: $73,510 - $76,200 | Market Cap: $1.48TVolume: $21.31B on Binance c2b0
What Happened?Market cap fell 2.3% to $2.573T. $745M liquidated in 1 hour early Monday, $715M were longs. BTC liquidations $229M. 5-week red streak continues after $87,395 swing high.
Technical:
• Support 1: $73,510 (Today's Low)
• Support 2: $73,200 = 200-DMA - CRITICAL
• Resistance: $75,950 -> $76,200 -> $79,000
• Next Catalyst: US CPI Tuesday 13:30 UTC
My View: $75,000 is now resistance, not support. Holding $73,200 = bounce to $77K. Break $73,200 = fast to $69K. No leverage. Spot DCA only.
Bullish or Bearish on $BTC ?
#BTC #bitcoin #Write2Earn
Price: $74,312 (-2.00%)24h Range: $73,510 - $76,200 | Market Cap: $1.48TVolume: $21.31B on Binance c2b0
What Happened?Market cap fell 2.3% to $2.573T. $745M liquidated in 1 hour early Monday, $715M were longs. BTC liquidations $229M. 5-week red streak continues after $87,395 swing high.
Technical:
• Support 1: $73,510 (Today's Low)
• Support 2: $73,200 = 200-DMA - CRITICAL
• Resistance: $75,950 -> $76,200 -> $79,000
• Next Catalyst: US CPI Tuesday 13:30 UTC
My View: $75,000 is now resistance, not support. Holding $73,200 = bounce to $77K. Break $73,200 = fast to $69K. No leverage. Spot DCA only.
Bullish or Bearish on $BTC ?
#BTC #bitcoin #Write2Earn
