đ„ Bitcoin & Crypto Market Update â November 13
The crypto market is facing selling pressure, with Bitcoin struggling to regain bullish momentum. Recent market data shows BTC trading around the $71Kâ$73K region, while ETF outflows and stronger US inflation concerns are weighing on investor sentiment.
đ BTC â What Comes Next?
đŽ Support: $70,000â$68,900
đą Resistance: $72,700â$74,800
đ Bullish scenario: A sustained breakout above $74,800 could open the door toward $77,000.
â ïž Bearish scenario: Losing $68,900 could trigger another downside move.
My view: BTC needs strong buying volume before confirming a reversal. Avoid emotional trades and watch key levels carefully.
Never trade with emotionsâtrade with a plan.
NFA. DYOR.
The crypto market is facing selling pressure, with Bitcoin struggling to regain bullish momentum. Recent market data shows BTC trading around the $71Kâ$73K region, while ETF outflows and stronger US inflation concerns are weighing on investor sentiment.
đ BTC â What Comes Next?
đŽ Support: $70,000â$68,900
đą Resistance: $72,700â$74,800
đ Bullish scenario: A sustained breakout above $74,800 could open the door toward $77,000.
â ïž Bearish scenario: Losing $68,900 could trigger another downside move.
My view: BTC needs strong buying volume before confirming a reversal. Avoid emotional trades and watch key levels carefully.
Never trade with emotionsâtrade with a plan.
NFA. DYOR.