#bitcoinfiveweeklylosses
🚨 Five red weeks. But is Bitcoin running out of sellers—or running out of buyers?
$BTC has closed lower for five consecutive weeks, slipping about 13.5% from its Oct. 4 weekly close. The latest selloff pushed it to $73,708 on Nov. 8, its lowest since August, per Reuters.
The bigger warning is capital flow: U.S. spot Bitcoin ETFs shed roughly $1.28B during Nov. 2–6, their worst week since late June. That is evidence of weaker ETF demand—not proof that every institutional holder is exiting.
Macro pressure is adding to the strain: a stronger-than-expected jobs report has lifted rate-hike concerns, while US midterm uncertainty and the recent AI-led risk-off move have weighed on crypto.
Here’s the twist: five losing weeks are rare, but history alone does not call a bottom. Watch whether ETF flows stabilize and BTC can reclaim $75K–$78K; a sustained break below the recent $73.7K low would keep downside risk alive.
Capitulation—or just another pause before lower?
Not financial advice.
#Bitcoin #BitcoinETF #CryptoMarket
🚨 Five red weeks. But is Bitcoin running out of sellers—or running out of buyers?
$BTC has closed lower for five consecutive weeks, slipping about 13.5% from its Oct. 4 weekly close. The latest selloff pushed it to $73,708 on Nov. 8, its lowest since August, per Reuters.
The bigger warning is capital flow: U.S. spot Bitcoin ETFs shed roughly $1.28B during Nov. 2–6, their worst week since late June. That is evidence of weaker ETF demand—not proof that every institutional holder is exiting.
Macro pressure is adding to the strain: a stronger-than-expected jobs report has lifted rate-hike concerns, while US midterm uncertainty and the recent AI-led risk-off move have weighed on crypto.
Here’s the twist: five losing weeks are rare, but history alone does not call a bottom. Watch whether ETF flows stabilize and BTC can reclaim $75K–$78K; a sustained break below the recent $73.7K low would keep downside risk alive.
Capitulation—or just another pause before lower?
Not financial advice.
#Bitcoin #BitcoinETF #CryptoMarket
