A seven-week low has been hit: BTC fell below around $75,000 as ETF outflows and liquidations piled on.
Not long ago, it was hovering around $87,000. In just the past few days, it was pushed straight down to a seven-week low. Spot ETFs weren’t spared either: reports say they saw about $430 million in outflows on November 5, followed by further withdrawals, bringing the total outflow for the past week to around $1.47 billion. Leverage took an even harder hit: the night chip stocks crashed, liquidations followed, and longs were flushed out in a cascade.
The timing stings even more: while people are still debating the “institutional adoption” narrative, the money is voting with its feet. When Nasdaq tech stocks took a hit, Bitcoin slid along with them, and the Fear & Greed Index fell into Fear territory. Some are watching $75,000 as a support zone; others say that if it fails to hold, the next level could look much worse.
Don’t take “breaking a round-number level” as a signal to buy the dip—or as the end of the world. You’re responsible for your own positions; the story is just a story.
This is not investment advice.
Sources: Bitcoin Magazine · Yahoo Finance · Lookonchain / Fathom reports · 2026-11-07 HKT
#BTC #比特币 #ETF #StrongBMedia
Not long ago, it was hovering around $87,000. In just the past few days, it was pushed straight down to a seven-week low. Spot ETFs weren’t spared either: reports say they saw about $430 million in outflows on November 5, followed by further withdrawals, bringing the total outflow for the past week to around $1.47 billion. Leverage took an even harder hit: the night chip stocks crashed, liquidations followed, and longs were flushed out in a cascade.
The timing stings even more: while people are still debating the “institutional adoption” narrative, the money is voting with its feet. When Nasdaq tech stocks took a hit, Bitcoin slid along with them, and the Fear & Greed Index fell into Fear territory. Some are watching $75,000 as a support zone; others say that if it fails to hold, the next level could look much worse.
Don’t take “breaking a round-number level” as a signal to buy the dip—or as the end of the world. You’re responsible for your own positions; the story is just a story.
This is not investment advice.
Sources: Bitcoin Magazine · Yahoo Finance · Lookonchain / Fathom reports · 2026-11-07 HKT
#BTC #比特币 #ETF #StrongBMedia
