$BTC 5th Week in RED! 😱 From $86K to $74K!
$1.28B ETF outflow, $1.18B liquidated!
CPI coming tomorrow - $70K or $79K next? What do you think? 👇🔥
- *Price:* Around $74,800, after hitting a low of $73,510
- *5th RED Week:* $BTC closed its 5th straight week in red, down from $86,500 to $74,754 - down 13.6% in 5 weeks
- *Big Reason:* $1.28 Billion outflow from US Bitcoin ETFs last week, biggest since early July
- *Liquidation:* $1.18 Billion liquidated in 24h, 88% were longs
Fear & Greed:* 29 - Market is in FEAR
Tomorrow is Big Day:* US CPI data is coming on 10 Nov, that will decide if BTC goes to $70K or back to $79
#bitcoin #BTC #Crypto