☀️ Morning market check: BTC holding near 73,700 after hot US inflation
🔹 $BTC is trading around 73,700 this morning (Nov 11), after a 24h range of roughly 72,744 to 74,896
🔹 Support: the 200-day moving average near 73,143, then 72,700–73,000. Below that, analysts flag 72,000 and then 70,000
🔹 Resistance: 74,500–75,000. Just above sits 75,451, Strategy's average buy price
🔹 $ETH is near 2,050, down almost 4% in 24h
🔹 Fear & Greed: 29 (Fear), down from 32
🔹 US spot BTC ETFs saw 201M USD of outflows on Nov 9, the third losing day in a row
The 200-day average is the line bulls need to defend today.
Are you buying this zone or waiting for 70,000? 👇
(Not financial advice)
📷 Photo: André François McKenzie / Unsplash
🔹 $BTC is trading around 73,700 this morning (Nov 11), after a 24h range of roughly 72,744 to 74,896
🔹 Support: the 200-day moving average near 73,143, then 72,700–73,000. Below that, analysts flag 72,000 and then 70,000
🔹 Resistance: 74,500–75,000. Just above sits 75,451, Strategy's average buy price
🔹 $ETH is near 2,050, down almost 4% in 24h
🔹 Fear & Greed: 29 (Fear), down from 32
🔹 US spot BTC ETFs saw 201M USD of outflows on Nov 9, the third losing day in a row
The 200-day average is the line bulls need to defend today.
Are you buying this zone or waiting for 70,000? 👇
(Not financial advice)
📷 Photo: André François McKenzie / Unsplash
