Bitcoin holds 64,700 dollars into the weekly close, and Monday decides everything. 📉
CoinGecko data checked at 23:00 PKT puts Bitcoin near 64,700 dollars after printing a 14 day low of 62,081 dollars on Saturday night, per crypto.news. 📊 United States spot Bitcoin ETFs lost about 1.91 billion dollars over seven straight sessions through November 13, per Farside Investors, and CoinGlass counted about 1.96 billion dollars of liquidations in 24 hours, with BlackRock's IBIT alone on an 11 session outflow streak worth 2.35 billion dollars since October 30. The chart shows real candles with the 62,000 to 63,000 support zone and the 65,700 to 67,500 resistance zone marked. My reading is that the bounce is holding for now, but it means little until Monday's ETF flows show whether buyers are back or the selling continues.
Does Bitcoin defend 62,000 dollars on Monday, or test 60,000 first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
CoinGecko data checked at 23:00 PKT puts Bitcoin near 64,700 dollars after printing a 14 day low of 62,081 dollars on Saturday night, per crypto.news. 📊 United States spot Bitcoin ETFs lost about 1.91 billion dollars over seven straight sessions through November 13, per Farside Investors, and CoinGlass counted about 1.96 billion dollars of liquidations in 24 hours, with BlackRock's IBIT alone on an 11 session outflow streak worth 2.35 billion dollars since October 30. The chart shows real candles with the 62,000 to 63,000 support zone and the 65,700 to 67,500 resistance zone marked. My reading is that the bounce is holding for now, but it means little until Monday's ETF flows show whether buyers are back or the selling continues.
Does Bitcoin defend 62,000 dollars on Monday, or test 60,000 first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinPrice
