NEW TOPIC. 📅 Weekly Outlook 💻| Nov 16–22
$BTC starts the week near $65.2K, down about 14% in seven days and at its lowest since mid-August. Futures now fully price a December Fed hike, so this week's macro calendar carries extra weight.
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The calendar:
• Mon: Fed Chair Warsh speaks. $ARB unlocks ~$14M (1.3% of supply)
• Tue: US retail sales, ~+0.2% expected. Nvidia reports after the close • Wed: FOMC minutes from October. How many members already lean toward a hike?
• Thu: jobless claims and Philly Fed. $ZRO unlocks ~$36M, about 5.9% of supply
• Fri: Michigan sentiment, final read
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Levels on the map:
Resistance: $68K (Friday's floor), $70K, then $72–74K
Support: $64K, then the $62.5K August low
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Three paths:
🟢 Relief: reclaim $68K, then $70K. A softer tone from Warsh or the minutes opens $72–74K
⚪ Grind: $64–68K while the market waits for the minutes and the Nov 25 PCE print
🔴 Breakdown: a daily close under $64K brings $62.5K, then $60–61K, into view
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Which path wins? Drop 🟢, ⚪ or 🔴 below. Next Sunday we check who called it. New every Sunday: Weekly Outlook.
______________________________________________________
Educational content, not financial advice. DYOR.
#BTC #CryptoNews #Write2Earn #bitcoin #Fed
$BTC starts the week near $65.2K, down about 14% in seven days and at its lowest since mid-August. Futures now fully price a December Fed hike, so this week's macro calendar carries extra weight.
______________________________________________________
The calendar:
• Mon: Fed Chair Warsh speaks. $ARB unlocks ~$14M (1.3% of supply)
• Tue: US retail sales, ~+0.2% expected. Nvidia reports after the close • Wed: FOMC minutes from October. How many members already lean toward a hike?
• Thu: jobless claims and Philly Fed. $ZRO unlocks ~$36M, about 5.9% of supply
• Fri: Michigan sentiment, final read
______________________________________________________
Levels on the map:
Resistance: $68K (Friday's floor), $70K, then $72–74K
Support: $64K, then the $62.5K August low
______________________________________________________
Three paths:
🟢 Relief: reclaim $68K, then $70K. A softer tone from Warsh or the minutes opens $72–74K
⚪ Grind: $64–68K while the market waits for the minutes and the Nov 25 PCE print
🔴 Breakdown: a daily close under $64K brings $62.5K, then $60–61K, into view
______________________________________________________
Which path wins? Drop 🟢, ⚪ or 🔴 below. Next Sunday we check who called it. New every Sunday: Weekly Outlook.
______________________________________________________
Educational content, not financial advice. DYOR.
#BTC #CryptoNews #Write2Earn #bitcoin #Fed
