The $70,000 reclaim failed — and the ETF sellers just made it seven straight days.
This morning I said a close above $70,000 means the panic flushed out. It closed at $69,283, then slid to $66,456. Wrong call — I own it.
What changed my read: BTC ETFs bled $185.4M on 13 Nov — 7th straight outflow day, $1.91B out in 7 sessions, IBIT alone -$143.5M. $916M of BTC longs were liquidated in 24h, 95% of them longs.
$BTC $67,224 (Finnhub, 08:26 UTC), under its 200-week average $67,893; $ETH $1,898, same bleed. Leaning short, lightly — Fear is 13, snap-backs can be violent.
Entry $67,000–$67,500. TP1 $66,456, TP2 $65,000, TP3 $63,500. Stop $68,614. Daily close above $70,000 kills the short lean.
Break $66,456 and $65,000 comes fast. Hold it and the bounce retests $68,614.
Your number — does $BTC hold $66,456 this weekend, or does $65,000 come first?
Not financial advice. DYOR.
#Bitcoin #BitcoinETF #CryptoMarket
This morning I said a close above $70,000 means the panic flushed out. It closed at $69,283, then slid to $66,456. Wrong call — I own it.
What changed my read: BTC ETFs bled $185.4M on 13 Nov — 7th straight outflow day, $1.91B out in 7 sessions, IBIT alone -$143.5M. $916M of BTC longs were liquidated in 24h, 95% of them longs.
$BTC $67,224 (Finnhub, 08:26 UTC), under its 200-week average $67,893; $ETH $1,898, same bleed. Leaning short, lightly — Fear is 13, snap-backs can be violent.
Entry $67,000–$67,500. TP1 $66,456, TP2 $65,000, TP3 $63,500. Stop $68,614. Daily close above $70,000 kills the short lean.
Break $66,456 and $65,000 comes fast. Hold it and the bounce retests $68,614.
Your number — does $BTC hold $66,456 this weekend, or does $65,000 come first?
Not financial advice. DYOR.
#Bitcoin #BitcoinETF #CryptoMarket
