【Weekly Close Preview】Bitcoin may be headed for its fifth consecutive weekly loss. As of Saturday afternoon, BTC was trading at around $75,729 on Coinbase, down about 3.2% from Monday’s open of $78,232. It briefly fell to $74,722 during the week, its lowest level since August 21. A Sunday close below Monday’s open would confirm a fifth straight weekly decline. The previous four weekly losses were 3.3%, 2.0%, 2.4% and 2.3%, respectively. U.S. spot Bitcoin ETFs saw net outflows of about $1.28 billion this week, their largest weekly outflow since June. Markets are watching to see whether Bitcoin can hold the $75,000 level at Sunday’s weekly close. (Source: Bitcoin Insider, November 7; price is an intraday Coinbase quote)