₿ Bitcoin (BTC) Market Update

13 November 2026 | Global Crypto Market

1. Current Bitcoin Price

BTC Price: Approximately $70,082–$71,000

INR Price: Around ₹67 lakh

Market Trend: Bearish 🔴

Short-term sentiment: High fear and volatility.

2. Why Is Bitcoin Falling?

Four major reasons:

1. US inflation concerns are increasing.

2. Bitcoin ETF investments are seeing continued outflows.

3. Investors are booking profits and reducing risk.

4. Nearly $681 million in crypto positions were liquidated in 24 hours, with long positions accounting for 88%.

3. Important BTC Trading Levels

Level Price (USD)

Resistance 1 $72,000

Resistance 2 $73,125

Resistance 3 $75,000

Support 1 $70,000

Support 2 $68,000

Support 3 $65,000

These are monitoring levels, not guaranteed support or resistance.

4. BTC Trading Strategy

Short-term view: Bearish ⚠️

Long: Consider only after a convincing recovery above $73,125.

Short: Watch for rejection near $72,000–$73,125.

Stop-loss: Keep a strict stop-loss.

Avoid excessive leverage.

5. My BTC Outlook

Time Frame Outlook

Intraday Bearish

1 Week Cautious

1 Month Depends on recovery

Bull Market Needs confirmation

Important: A recovery above $75,000 would improve the technical picture. A breakdown below $68,000 could create further selling pressure.

My Question

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