Crypto Market Update — 12 Nov 2026*
Bitcoin is trading near $73,896 after falling below $74,000. Ethereum is near $2,053. Solana is near $83. Fear and Greed is at 27, confirming extreme fear in the market.
The sell-off was driven by hotter-than-expected US CPI, rising fears of a December Fed rate hike, four consecutive days of Bitcoin ETF outflows totalling $1.58B, and over $718M in liquidations.
Short-term bias remains bearish to sideways. Bitcoin is holding the critical $73,000-$74,000 support zone.
If BTC holds above $73,500 and reclaims $76,000, momentum can shift toward $78,000 and $80,000.
If BTC closes below $73,000, downside opens toward $70,000 and $69,000, with altcoins likely falling another 10-15%.
This is not a time to panic sell or chase bounces. Smart money waits for confirmation. Let price prove direction first. Risk management matters more than prediction in this phase.
My view: neutral to cautiously bearish until $76,000 is reclaimed. Below $73,000, bears control. Above $76,000, bulls return.
Not financial advice. Just market structure. What is your view?
#BitcoinForecast #CryptoPatience #MarketUpdate
#CanNvidiaEarningsEaseMarketConcerns?
#BinancePick
$MSFTB
$NVDAB
$SPCXB
Bitcoin is trading near $73,896 after falling below $74,000. Ethereum is near $2,053. Solana is near $83. Fear and Greed is at 27, confirming extreme fear in the market.
The sell-off was driven by hotter-than-expected US CPI, rising fears of a December Fed rate hike, four consecutive days of Bitcoin ETF outflows totalling $1.58B, and over $718M in liquidations.
Short-term bias remains bearish to sideways. Bitcoin is holding the critical $73,000-$74,000 support zone.
If BTC holds above $73,500 and reclaims $76,000, momentum can shift toward $78,000 and $80,000.
If BTC closes below $73,000, downside opens toward $70,000 and $69,000, with altcoins likely falling another 10-15%.
This is not a time to panic sell or chase bounces. Smart money waits for confirmation. Let price prove direction first. Risk management matters more than prediction in this phase.
My view: neutral to cautiously bearish until $76,000 is reclaimed. Below $73,000, bears control. Above $76,000, bulls return.
Not financial advice. Just market structure. What is your view?
#BitcoinForecast #CryptoPatience #MarketUpdate
#CanNvidiaEarningsEaseMarketConcerns?
#BinancePick
$MSFTB
$NVDAB
$SPCXB