koreksicrypto

66,000 breached — BTC sets a new correction low at 65,780 tonight.

The facts: Lookonchain (Nov. 14, 22:38 WIB, HTX data) reports that BTC fell below 66,000, setting a new low in this correction, while the total crypto market cap has shed more than $680 billion during the downturn. Live data I checked at 21:45 WIB: BTC briefly touched 65,780 and is now around 65,995; ETH also broke below 1,850 to 1,842.6; SOL fell to 73.67; XRP to 0.9766 — all four broke through their weekly floors within the same hour.

My take: this isn’t new news; it’s another leg of the same decline — bets on a December Fed rate hike are around 90%, ETFs continue to see outflows, and weekend liquidity is thin. What’s changed is the level: 66,000, which was still acting as a floor yesterday, is now the nearest resistance.

What I’m watching: whether 65,800 holds through Monday; the first ETF flows after the weekend; Fed officials’ remarks on Monday; then Retail Sales on Tuesday and the FOMC minutes on Wednesday.

What do you think: will 65,000 hold, or is this just the warm-up before a test of that level?

This is my analysis, not financial advice — always DYOR.

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