📉 Five consecutive losing weeks. A 13.5% correction. And institutional demand is still struggling to return.
THE MARKET FILE — BUY THE DIP OR WAIT FOR CONFIRMATION?
📅 November 10, 2026
$BTC is facing another difficult test as selling pressure continues to weigh on the crypto market.
Bitcoin recently slipped below $75,000, briefly touching approximately $73,588 as bearish momentum intensified. It is also trading below its 50-week moving average, which sits near $75,488.
🏦 INSTITUTIONAL INVESTORS ARE STILL SELLING
US spot Bitcoin ETFs recorded approximately $1.28 billion in net outflows during the week of November 2–6.
The pressure continued on Monday, November 9, with another $201 million leaving these investment products.
Meanwhile, Bitcoin miner MARA disclosed selling 13,597 BTC over the past six weeks, adding another important supply factor to the market.
📊 INFLATION ADDS ANOTHER CHALLENGE
The latest US October CPI report showed:
🔴 Headline CPI: +0.4% month over month
🔴 Core CPI: +0.3% month over month
Both figures came in above expectations, increasing concerns about inflation and potentially tighter monetary policy.
🐻 ARE THE BEARS GETTING TOO COMFORTABLE?
Some investors keep waiting for Bitcoin to fall further before entering.
But what happens if the market suddenly reverses?
Waiting for a perfect bottom can mean missing the recovery. On the other hand, buying too early during a strong downtrend carries significant risk.
📖 MY MARKET OUTLOOK
I remain interested in Bitcoin's long-term potential, but short-term conditions demand caution.
The loss of the 50-week moving average, persistent ETF withdrawals, and increased liquidations make an immediate bullish reversal less certain.
I want to see genuine buying demand before becoming more confident.
👀 THREE SIGNALS I'M WATCHING
1️⃣ BTC reclaiming the $75,500–$76,000 resistance area.
2️⃣ Bitcoin ETFs returning to sustained positive inflows.
3️⃣ Price forming higher lows with stronger spot buying volume.
🔥 THE BIG QUESTION:
Are you buying Bitcoin at these discounted levels, or waiting for stronger confirmation before entering?
Is $73,000 the beginning of a major accumulation opportunity, or could BTC experience another leg down?
👇 Let's discuss!
#bitcoin #BTCanalysis #bitcoinfiveweeklylosses
